2021 Oregon Revised Statutes
Chapter 128 - Trusts; Charitable Activities
Section 128.597 - Inactivation of business trust.


(1) The business trust does not pay when due any fees imposed by ORS 128.560 to 128.600;
(2) The business trust does not deliver its annual report to the Secretary of State when due;
(3) The business trust is without a registered agent or registered office in this state;
(4) The business trust does not notify the Secretary of State that its registered agent or registered office has been changed, that its registered agent has resigned or that its registered office has been discontinued; or
(5) The business trust’s period of duration stated in the trust instrument expires. [1995 c.215 §27]

Structure 2021 Oregon Revised Statutes

2021 Oregon Revised Statutes

Volume : 03 - Landlord-Tenant, Domestic Relations, Probate

Chapter 128 - Trusts; Charitable Activities

Section 128.001 - Limitations on accepting payment for preparation of trust.

Section 128.090 - Limitations on trustee’s administration of "split-interest" trust.

Section 128.100 - Authority of fiduciary to deposit securities in clearing corporation.

Section 128.316 - Definitions for ORS 128.305 to 128.336.

Section 128.318 - Standard of conduct in managing and investing institutional fund.

Section 128.322 - Appropriation for expenditure or accumulation of endowment fund; rules of construction.

Section 128.326 - Delegation of management and investment functions.

Section 128.328 - Release or modification of restrictions on management, investment or purpose.

Section 128.575 - Filing with Office of Secretary of State required; fees; amendments.

Section 128.595 - Annual report; due date; content; notice of requirement; effect of failure to file.

Section 128.597 - Inactivation of business trust.

Section 128.599 - Reinstatement of business trust following inactivation.

Section 128.620 - Definitions for ORS 128.610 to 128.769.

Section 128.630 - Application of ORS 128.610 to 128.769.

Section 128.640 - Exemptions from application of ORS 128.610 to 128.769.

Section 128.660 - Filing of registration statement and articles of incorporation or other instrument with Attorney General.

Section 128.670 - Filing of reports; rules; fees; authority of Attorney General relating to reports; civil penalty.

Section 128.675 - Violations of ORS 128.610 to 128.769; action by Attorney General for violation; fees; penalties.

Section 128.710 - Enforcement; jurisdiction of court.

Section 128.735 - Attorney fees in action to enforce fiduciary or other duty.

Section 128.760 - Issuance of disqualification order by Attorney General; hearing request; legal effect.

Section 128.763 - Disclosure of disqualification required in solicitations; legal effect of failure to disclose.

Section 128.766 - Publication of disqualified organizations on Internet; report to Department of Revenue.

Section 128.801 - Definitions for ORS 128.801 to 128.898.

Section 128.802 - Registration of professional fund raising firms required; fee; renewal; notice of change of information.

Section 128.804 - Fund raising notice; contents.

Section 128.807 - Required submission of financial plan to nonprofit beneficiary.

Section 128.814 - Presumption of breach of fiduciary duty by officer or director of nonprofit beneficiary.

Section 128.821 - Registration of commercial fund raising firms required; fee; renewal; notice of change in information.

Section 128.823 - Designation of amount to be paid to beneficiaries; manner of specification; minimum amount payable.

Section 128.824 - Disclosures required in commercial fund raising solicitations.

Section 128.826 - Commercial fund raising contracts and notice; filing.

Section 128.846 - Maintenance of records by commercial fund raising firm.

Section 128.861 - Written consent required for representations about use of tickets.

Section 128.866 - Injunction by Attorney General.

Section 128.871 - Denial or revocation of registration.

Section 128.886 - False or misleading representations prohibited.

Section 128.891 - Prohibited representations; written notice.

Section 128.893 - Use of in-state address.

Section 128.993 - Penalty for signing false document.