{"data":{"id":"us-or/ors-65.757","jurisdiction":"us-or","citation":"ORS 65.757","heading":"Judgment of revocation.","body":"(1) If after a hearing a court determines that one or more grounds for judicial revocation of authority described in ORS 65.751 exists, the court may enter a judgment revoking a foreign corporation’s authority to transact business in Oregon and specifying the effective date of the revocation. The clerk of the court shall deliver a certified copy of the judgment to the Secretary of State for filing.\n      (2) The authority of a foreign corporation to transact business in Oregon ceases as of the date of the judgment of revocation.\n      (3) The judgment of revocation of a foreign corporation’s authority to transact business in this state appoints the Secretary of State the foreign corporation’s agent for service of process in any proceeding based on a cause of action which arose during the time the foreign corporation was authorized to transact business in this state.\n      (4) Revocation of a foreign corporation’s authority to transact business in this state terminates the authority of the foreign corporation’s registered agent. [1989 c.1010 §163; 2003 c.576 §330; 2019 c.174 §106]\nRECORDS AND REPORTS\n(Records)","path":["02 - Business Organizations, Commercial Code","7. Corporations and Partnerships","Chapter 65 — Nonprofit Corporations"],"source_url":"https://www.oregonlegislature.gov/bills_laws/ors/ors065.html","current_through":"2025 Edition","vintage":"","retrieved_at":"2026-09-03T23:50:10Z","sha256":"1135e804b5eca117bac7b210a22b1cd53bae82fdb3f28b4af5f698768d51dbc3","source_id":"us-or","stale":false,"prev":"us-or/ors-65.754","next":"us-or/ors-65.771"},"notice":"GroundRules: Original legal text. Not legal advice."}
