2021 Oregon Revised Statutes
Chapter 554 - Corporations for Irrigation, Drainage, Water Supply or Flood Control
Section 554.302 - Dissolution of corporation by Secretary of State; conditions.


(1) The corporation does not pay when due any fees imposed under ORS 554.016;
(2) The corporation does not deliver its annual report to the Secretary of State when due;
(3) The corporation is without a registered agent or registered office in this state;
(4) The corporation 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 corporation’s period of duration stated in its articles of incorporation expires. [1987 c.94 §152; 1991 c.132 §34]

Structure 2021 Oregon Revised Statutes

2021 Oregon Revised Statutes

Volume : 15 - Water Resources, Agriculture and Food

Chapter 554 - Corporations for Irrigation, Drainage, Water Supply or Flood Control

Section 554.005 - Filing requirements.

Section 554.007 - Effective time and date of document.

Section 554.009 - Correcting filed document.

Section 554.011 - Penalty for signing false document.

Section 554.015 - Filing duty of Secretary of State.

Section 554.018 - Evidentiary effect of copy of filed document.

Section 554.019 - Certificate of existence.

Section 554.020 - Articles of incorporation; filing.

Section 554.040 - Contents of articles.

Section 554.060 - Challenge to validity of organization; effect of defects or omissions.

Section 554.070 - Membership; meetings; voting; proxies; voting trusts; quorum; removal of officers.

Section 554.080 - Corporate existence; powers of corporation.

Section 554.082 - Registered office and registered agent.

Section 554.084 - Change of registered office or registered agent.

Section 554.086 - Resignation of registered agent.

Section 554.088 - Service on corporation.

Section 554.090 - Directors; qualifications; president; seal; secretary-treasurer; exercise of corporate powers; indemnification.

Section 554.110 - Powers of directors.

Section 554.120 - Records of proceedings of directors; lien docket; deposit of moneys; segregation of funds; accounting; warrant and bond register.

Section 554.130 - Assessments; certification; collections; lien; foreclosure; service charges; disposition of proceeds.

Section 554.135 - Alternative method for collecting assessments.

Section 554.140 - Directors’ duty to institute proceedings to enforce lien; attorney fees.

Section 554.160 - Assessments to provide funds to meet obligations; custody, disbursement and disposal of funds; general operating expenses.

Section 554.180 - Landowners’ notice; contents.

Section 554.190 - Recording notice; effect; lien on land; priority.

Section 554.210 - Plans and specifications; how adopted.

Section 554.220 - Bonds; denominations; interest; maturities; execution; coupons; amortized installment obligations.

Section 554.230 - Bonds; recitals; payment; liability of land.

Section 554.240 - Retirement of bonds; conditions of sale; resolution authorizing bond issue; surrender of bonds in payment of assessments; debts not to exceed assessments or benefits.

Section 554.270 - Purchase or lease of works and water rights; provision as to payment; serial coupon obligations.

Section 554.275 - Activity of corporation as urban service.

Section 554.280 - Resolution for serial coupon obligations; maturities; interest; retirement; recitals; fund for payment; assessments.

Section 554.300 - Amendment of articles; approval by members; dissolution of corporation by members; inclusion of lands by irrigation, drainage or flood control district.

Section 554.302 - Dissolution of corporation by Secretary of State; conditions.

Section 554.305 - Notice of grounds for dissolution; opportunity for correction; effect of dissolution.

Section 554.307 - Reinstatement of dissolved corporation.

Section 554.309 - Denial of reinstatement; appeal.

Section 554.315 - Annual report; contents; filing with Secretary of State; amended report.

Section 554.340 - Judicial determination of legality of proceedings.

Section 554.350 - Service to lands outside district; findings; tax exemption.

Section 554.375 - Dissolution of district and reorganization as corporation; meeting of landowners; approval of reorganization by landowners.

Section 554.380 - Articles of incorporation for corporation formed from dissolved district; required provisions; membership.

Section 554.385 - Findings by board of reorganizing district; plan of dissolution; transfer of district assets to corporation; statement of dissolution.

Section 554.420 - Amendment of articles, and landowners’ notice, of corporation organized under 1911 Act.

Section 554.440 - Malheur Improvement Company; exclusion or inclusion of land.

Section 554.530 - Application; contents; deposit; filing.

Section 554.570 - Effect of exclusion on existing debts.

Section 554.580 - Condition of approval of inclusion.

Section 554.590 - Articles of amendment; filing; effective date.