- Stage
- Became law
- Started in
- House
- Latest action
- Aug 18, 2017
What it does
Authorizes Secretary of State to investigate alleged or potential violations of business entity statutes and to require business entity to provide list of shareholders and respond to interrogatories. Permits Secretary of State to impose penalties, cancel or revoke incorporation or dissolve business entity that violates statutes or fails to cooperate with investigation. Permits Department of Revenue to recommend dissolution of business entity that fails to comply with tax laws of state, but not if department has allowed appeal of business entity's tax liability or if appeal is pending. Subjects directors, officers, employees, members and managers of shell entity to claim for damages from…
Where it stands
This bill passed and is now law.
Introduced (Done)
Committee (Done)
Floor (Done)
Law (Done)
What moved
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Where it goes next
It is law in Oregon. What happens now is up to the agency that carries it out, the courts, and the place itself.