{"data":{"id":"us-or/ors-67.362","jurisdiction":"us-or","citation":"ORS 67.362","heading":"Action on plan of merger.","body":"(1) A plan of merger shall be approved by each business entity that is a party to the merger, as follows:\n      (a) In the case of a partnership, by unanimous vote of the partners, or by the number or percentage specified for merger in its 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 merger is authorized, and at any time before articles of merger are filed, the planned merger may be abandoned, subject to any contractual rights:\n      (a) By the partnership, without further action by the partners, in accordance with the procedure set forth in the plan of merger or the partnership agreement; and\n      (b) By a party to the merger that is not a partnership, in accordance with the procedure set forth in the plan of merger 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":"2585c298ea4d92a7b0e001cbf17a8d8d3b8d685d0a04c0d34a977c599eadcbf9","source_id":"us-or","stale":false,"prev":"us-or/ors-67.360","next":"us-or/ors-67.364"},"notice":"GroundRules: Original legal text. Not legal advice."}