Source: https://www.oregonlaws.org/ors/128.595
Timestamp: 2018-12-16 18:21:19
Document Index: 427255805

Matched Legal Cases: ['§29', '§22', '§82', '§130', '§18', '§17', '§25', '§17', '§25', '§33', '§31']

ORS 128.595 - Annual report - 2017 Oregon Revised Statutes
2017 ORS Vol. 3 Chapter 128 Section 128.595
128.560
“Business trust” de­scribed
128.565
Business trust permitted
128.570
Business trusts and trustees not subject to bank and trust company regula­tions
128.573
Filing with Office of Secretary of State re­quired
128.580
Business trusts subject to certain corporate laws
128.585
Personal liability of trustees, shareholders or beneficiaries of business trust
Filing of trust instru­ment as conclusive evidence of compliance with laws
128.595
128.597
Inactiva­tion of business trust
128.599
Reinstate­ment of business trust following inactiva­tion
128.600
Filing, service, copying and certifica­tion fees
2017 ORS 128.595¹
• notice of requirement
• effect of failure to file
(1) A business trust by the trust’s anniversary date shall deliver to the office of the Secretary of State for filing an annual report accompanied by the annual fee.
(2) The annual report must contain:
(a) The name of the business trust and the state or country under the law of which the business trust is formed;
(b) The names and addresses of the business trust’s trustees;
(c) The physical street address of the business trust’s registered office in this state, which must be a location at which process may be personally served on the registered agent and which may not be a commercial mail receiving agency, a mail forwarding business or a virtual office, and the name of the trust’s registered agent at the registered office;
(d) A mailing address to which the Secretary of State may mail notices;
(e) A description of the primary business activity of the business trust; and
(f) Any additional identifying information that the Secretary of State may require by rule.
(3) The annual report must be on forms prescribed and furnished by the Secretary of State. The information contained in the annual report must be current as of 30 days before the anniversary of the business trust.
(4) The Secretary of State shall mail the report form to any address shown for the business trust in the current records of the office of the Secretary of State. The business trust’s failure to receive the report form from the Secretary of State does not relieve the business trust of the trust’s duty under this section to deliver a report to the office.
(5) If the Secretary of State finds the report conforms to the requirements of this section, the Secretary of State shall file the report.
(6) If the Secretary of State finds that the annual report does not conform to the requirements of this section, the Secretary of State shall return the report to the business trust. The business trust shall correct the annual report and return the corrected report to the Secretary of State within 45 days after the Secretary of State returns the report.
(7) If a business trust has not filed the report by the reporting date or has not filed a corrected report within the 45-day period, the Secretary of State shall send to the business trust a final notice advising that a report has not been filed and the Secretary of State, therefore, assumes that the business trust is no longer active unless a report is filed within 45 days after the mailing of the final notice.
(8) Not less than 45 days after the mailing date of the final notice specified in subsection (7) of this section, the Secretary of State may assume and note on the records of the Secretary of State that the business trust is inactive. [Formerly 128.075; 1983 c.717 §29; 1985 c.351 §22; 1985 c.728 §82b; 1987 c.94 §130; 1987 c.843 §18; 1993 c.190 §17; 1995 c.215 §25; 2007 c.186 §17; 2011 c.147 §25; 2013 c.158 §33; 2017 c.705 §31]
Authority of Secretary of State to refuse to file docu­ments