Limited Liability Companies – Oregon

By | February 8, 2008

Address of state office for filing:
Oregon Secretary of State
Corporation Division
225 Capitol Street NE
Suite 151
Salem OR 97310-1327
Telephone: 503-986-2200
State web address: http://www.leg.state.or.us/
State law reference: Oregon Revised Statutes, Chapter 63.
Title of filing: Articles of Organization.
Filing Fee: $50
Name requirements: The official name must contain the words “Limited Liability Company” or the abbreviation “LLC” or
“L.L.C.” (Section 63.094). A company name may be reserved for 120 days for $50. (Section 63.097).
Organizer requirements: A limited liability company may be organized by one person. The organizer need not be a natural
person, nor a member. (Section 63.044).
Articles of Organization requirements: Articles of Organization must contain the following: (1) name of company, (2) registered agent name and office address, (3) mailing address to which notices may be mailed until the company designates an address in its annual report, (4) if company will be managed by managers, a statement to that effect; (5) names and addresses of organizers, (6) duration of company (may be perpetual), (7) if the company will render professional services, a description of the services to be rendered, and (8) any additional matters. (Section 63.047).
Annual report requirement: Yes, registration renewal and annual report to Secretary of State. (Section 63.787). $50 filing fee.
Publication requirement: No.
Effective date of limited liability company organization: On the date of official approval of Articles of Organization, the company becomes a legal entity and the members are shielded from personal liability. In addition, the effective date may be delayed up to 90 days to a date stated in the Articles of Organization. (Section 63.011).
Membership requirements: Minimum number required is one. The member may be a natural person or a business entity.
(Section 63.001(17), (21), (28)).
Other: None.