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Oregon Revised Statutes Corporations and Partnerships § 65.784

Current as of January 01, 2023 | Updated by Findlaw Staff

If a corporation indemnifies or advances expenses to a director under ORS 65.391 to 65.401 in connection with a proceeding by or in the right of the corporation, the corporation shall report the indemnification or advance in writing to:

(1) The members with or before the notice of the next meeting of members; and

(2) Any person having the right to designate or appoint the director no later than 90 days after the first indemnification or advance.

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Cite this article: FindLaw.com - Oregon Revised Statutes Corporations and Partnerships § 65.784 - last updated January 01, 2023 | https://codes.findlaw.com/or/title-7-corporations-and-partnerships/or-rev-st-sect-65-784/

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