Oregon § 67.362 Action on plan of merger

Oregon Statutes

§ 67.362 — Action on plan of merger

Oregon § 67.362

Vol.2

Title 7Corporations and Partnerships

Ch. 67Partnerships; Limited Liability Partnerships

This text of Oregon § 67.362 (Action on plan of merger) 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. § 67.362 (2026).

Text

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

(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

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

(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:

(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

(b)By a party to the merger that is not a partnership, in accordance with the procedure set f

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(1) A plan of merger shall be approved by each business entity that is a party to the merger, as follows:
(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
(b) In the case of a business entity other than a partnership, as provided by the statutes governing that business entity.
(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:
(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
(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.