{"data":{"id":"us-or/ors-60.474","jurisdiction":"us-or","citation":"ORS 60.474","heading":"Action on plan of conversion.","body":"(1) A plan of conversion shall be approved as follows:\n      (a) In the case of a corporation, in the manner provided in ORS 60.487 for mergers; and\n      (b) In the case of a business entity other than a corporation, as provided by the statutes governing that business entity.\n      (2) After a conversion is approved, and at any time before articles of conversion are filed, the planned conversion may be abandoned, subject to any contractual rights:\n      (a) By a corporation, in the manner provided in ORS 60.487 (9); and\n      (b) By a business entity that planned to convert to a corporation, in accordance with the procedure set forth in the plan of conversion or, if none is set forth, in the manner permitted by the statutes governing that business entity.","path":["02 - Business Organizations, Commercial Code","7. Corporations and Partnerships","Chapter 60 — Private Corporations"],"source_url":"https://www.oregonlegislature.gov/bills_laws/ors/ors060.html","current_through":"2025 Edition","vintage":"","retrieved_at":"2026-09-03T23:50:10Z","sha256":"c0647953e8083d2150bf1769422d758e10e870e6213f8d9efd768f964b5a6d43","source_id":"us-or","stale":false,"prev":"us-or/ors-60.472","next":"us-or/ors-60.476"},"notice":"GroundRules: Original legal text. Not legal advice."}