Oregon Restated Articles is the form of organization for corporations that is recognized by the state of Oregon. It is based on the Model Business Corporation Act, which sets out the rules and regulations for organizing and operating a corporation. The Oregon Restated Articles is composed of twenty-one articles, each addressing a specific aspect of corporate organization and operation. These articles cover topics such as incorporation, corporate powers, shareholders’ rights, directors’ duties, meetings, transfer of shares, and dissolution. The Oregon Restated Articles are divided into two types of articles: articles of incorporation and articles of organization. The articles of incorporation contain the information necessary to form the corporation, such as the name and purpose of the corporation, the number and type of shares, the names and addresses of the incorporates, and the names of the directors. The articles of organization contain the rules that govern the internal operations of the corporation, such as the rights and duties of shareholders, directors, and officers; the powers and duties of the board of directors; and the process for holding meetings.
Oregon Restated Articles is the form of organization for corporations that is recognized by the state of Oregon. It is based on the Model Business Corporation Act, which sets out the rules and regulations for organizing and operating a corporation. The Oregon Restated Articles is composed of twenty-one articles, each addressing a specific aspect of corporate organization and operation. These articles cover topics such as incorporation, corporate powers, shareholders’ rights, directors’ duties, meetings, transfer of shares, and dissolution. The Oregon Restated Articles are divided into two types of articles: articles of incorporation and articles of organization. The articles of incorporation contain the information necessary to form the corporation, such as the name and purpose of the corporation, the number and type of shares, the names and addresses of the incorporates, and the names of the directors. The articles of organization contain the rules that govern the internal operations of the corporation, such as the rights and duties of shareholders, directors, and officers; the powers and duties of the board of directors; and the process for holding meetings.
