{"data":{"id":"us-or/ors-67.344","jurisdiction":"us-or","citation":"ORS 67.344","heading":"Action on plan of conversion.","body":"(1) A plan of conversion shall be approved by each business entity that is a party to the conversion, as follows:\n      (a) In the case of a partnership, by all of the partners, unless a lesser vote is provided in the partnership agreement; and\n      (b) In the case of a business entity other than a partnership, 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 partnership that planned to convert to another business entity, in accordance with the procedure set forth in the plan of conversion or, if none is set forth, by a vote of the partners; and\n      (b) By a business entity other than a partnership that planned to convert to a partnership, 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 67 — Partnerships; Limited Liability Partnerships"],"source_url":"https://www.oregonlegislature.gov/bills_laws/ors/ors067.html","current_through":"2025 Edition","vintage":"","retrieved_at":"2026-09-03T23:50:10Z","sha256":"d156ea93d9b4094b7065b5e24312339a9687bbe687ad5154680df93fe94be128","source_id":"us-or","stale":false,"prev":"us-or/ors-67.342","next":"us-or/ors-67.345"},"notice":"GroundRules: Original legal text. Not legal advice."}