Oregon § 67.344 Action on plan of conversion

Oregon Statutes

§ 67.344 — Action on plan of conversion

Oregon § 67.344

Vol.2

Title 7Corporations and Partnerships

Ch. 67Partnerships; Limited Liability Partnerships

This text of Oregon § 67.344 (Action on plan of conversion) is published on Counsel Stack Legal Research, covering Oregon primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Or. Rev. Stat. § 67.344 (2026).

Text

(1)A plan of conversion shall be approved by each business entity that is a party to the conversion, as follows:

(a)In the case of a partnership, by all of the partners, unless a lesser vote is provided in the partnership agreement; and

(b)In the case of a business entity other than a partnership, as provided by the statutes governing that business entity.

(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:

(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

(b)By a business entity other than a partnership that planned to conv

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(1) A plan of conversion shall be approved by each business entity that is a party to the conversion, as follows:
(a) In the case of a partnership, by all of the partners, unless a lesser vote is provided in the partnership agreement; and
(b) In the case of a business entity other than a partnership, as provided by the statutes governing that business entity.
(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:
(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
(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.