Chapter 67 — Partnerships;Limited Liability Partnerships

 

2009 EDITION

 

 

PARTNERSHIPS;LIMITED LIABILITY PARTNERSHIPS

 

CORPORATIONSAND PARTNERSHIPS

 

GENERALPROVISIONS

 

67.005 Definitions

 

PARTNERSHIPS

 

67.010 Knowledgeand notice

 

67.015 Effectof partnership agreement; nonwaivable provisions

 

67.020 Supplementalprinciples of law

 

67.025 Governinglaw

 

(Natureof Partnership)

 

67.050 Partnershipas entity

 

67.055 Creationof partnership

 

67.060 Partnershipproperty

 

67.065 Whenproperty is partnership property

 

67.070 Generalpowers of a partnership

 

(Relationsof Partners to Persons Dealing With Partnership)

 

67.090 Partneragent of partnership

 

67.095 Transferof partnership property

 

67.100 Partnershipliable for partner’s actionable conduct

 

67.105 Partner’sliability

 

67.110 Actionsby and against partnership and partners

 

67.115 Liabilityof purported partner

 

(Relationsof Partners to Each Other and to Partnership)

 

67.140 Partner’srights and duties

 

67.145 Distributionsin kind

 

67.150 Partner’srights and duties with respect to information

 

67.155 Generalstandards of partner’s conduct

 

67.160 Actionsby partnership and partners

 

67.165 Continuationof partnership beyond definite term or particular undertaking

 

(Transfereesand Creditors of Partner)

 

67.190 Partnernot co-owner of partnership property

 

67.195 Partner’stransferable interest in partnership

 

67.200 Transferof whole or part of partner’s transferable interest

 

67.205 Partner’stransferable interest subject to charging order

 

(Partner’sDissociation)

 

67.220 Eventscausing partner’s dissociation

 

67.225 Partner’spower to dissociate; wrongful dissociation

 

67.230 Effectof partner’s dissociation

 

(Partner’sDissociation When Business Not Wound Up)

 

67.250 Purchaseof dissociated partner’s interest

 

67.255 Dissociatedpartner’s power to bind and liability to partnership

 

67.260 Dissociatedpartner’s liability to other persons

 

67.265 Continueduse of partnership name

 

(WindingUp Partnership Business)

 

67.290 Eventscausing dissolution and winding up of partnership business

 

67.295 Partnershipcontinues after dissolution

 

67.300 Rightto wind up partnership business

 

67.305 Partner’spower to bind partnership after dissolution

 

67.310 Partner’sliability to other partners after dissolution

 

67.315 Settlementof accounts and contributions among partners

 

(Conversionsand Mergers)

 

67.340 Definitionsfor ORS 67.340 to 67.365

 

67.342 Conversion

 

67.344 Actionon plan of conversion

 

67.346 Articlesof conversion

 

67.348 Effectof conversion; entity existence continues; assumed business name

 

67.360 Merger

 

67.362 Actionon plan of merger

 

67.364 Articlesof merger

 

67.365 Effectof merger

 

LIMITEDLIABILITY PARTNERSHIPS

 

(GeneralProvisions)

 

67.500 Eligibilityfor registration as a limited liability partnership; required vote

 

(FilingDocuments)

 

67.520 Filingrequirements

 

67.525 Filing,service, copying and certification fees

 

67.530 Effectivetime and date of document

 

67.535 Filingduty of Secretary of State

 

67.540 Appealfrom actions of Secretary of State

 

67.545 Evidentiaryeffect of copy of filed document

 

67.550 Certificateof existence or authorization

 

(Secretaryof State)

 

67.570 Powers

 

(Registration)

 

67.590 Applicationfor registration; effective date; fee; duration of status as limited liabilitypartnership

 

67.595 Cancellationof registration; effect

 

(PartnershipPowers)

 

67.610 Effectof changes in partnership on limited liability partnership status and liabilityof partners; amendment of application for registration

 

67.615 Distributionsto partners

 

(Name)

 

67.625 Limitedliability partnership name

 

(Serviceof Process)

 

67.635 Serviceof process on limited liability partnership

 

(AnnualReport)

 

67.645 Annualreport

 

(AdministrativeRevocation)

 

67.655 Groundsfor administrative revocation

 

67.660 Procedurefor and effect of administrative revocation

 

67.665 Reinstatementfollowing administrative revocation

 

67.670 Appealfrom denial of reinstatement

 

(InterstateApplication)

 

67.680 Interstateapplication

 

FOREIGNLIMITED LIABILITY PARTNERSHIPS

 

(Authorityto Transact Business)

 

67.700 Authorityto transact business

 

67.705 Consequencesof transacting business without authority

 

67.710 Applicationfor authority to transact business; effective date of authorization

 

67.715 Amendmentto application for authority

 

67.720 Limitationsapplicable to foreign limited liability partnerships

 

(Name)

 

67.730 Nameof foreign limited liability partnership

 

(Withdrawal)

 

⚖️ State Laws