(a) The name of the business trust and effective date of the business trust’s administrative inactivation; and
(b) That the ground or grounds for inactivation either did not exist or have been eliminated.
(2) If the Secretary of State determines that the application contains the information required by subsection (1) of this section, that the information is correct and that the business trust’s name satisfies the requirements of ORS 60.094, the Secretary of State shall reinstate the business trust.
(3) When effective, the reinstatement relates back to and takes effect as of the effective date of the administrative inactivation and the business trust is considered to resume carrying on the business trust’s business as if the administrative inactivation had never occurred.
(4) The Secretary of State may waive the requirement under subsection (1) of this section that the business trust apply for reinstatement within five years after the date of administrative inactivation if the business trust requests the waiver and provides evidence of the business trust’s continued existence as an active concern during the period of administrative inactivation. [1995 c.215 §28; 2011 c.147 §26]
Structure 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 128.326 - 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 128.597 - 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 128.710 - Enforcement; jurisdiction of court.
Section 128.735 - Attorney fees in action to enforce fiduciary or other duty.
Section 128.801 - Definitions for ORS 128.801 to 128.898.
Section 128.804 - Fund raising notice; contents.
Section 128.807 - Required submission of financial plan to nonprofit beneficiary.
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.