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Articles of Incorporation--Nonprofit Corporation Revised Statute (Oregon)

This is a revised statute for a nonprofit corporation's articles of incorporation in Oregon. The form provided here is simply a sample of what the actual Form CR112a looks like.

CR112A (Rev. 5/96)

Phone: (503) 986-2200
Fax: (503) 378-4381
Secretary of State
Corporation Division
255 Capitol St. NE, Suite 151
Salem, OR 97310-1327

NONPROFIT CORPORATION STATUTE REVISED

NOTICE: PLEASE READ CAREFULLY

The nonprofit statute has been revised. Corporations are now required to be classified in one of three categories. For a few corporations, the category is designated by statute. For most nonprofit corporations, the following tests apply:

1. "Mutual benefit" corporation means a corporation which does not come within the definition of public benefit or religious corporation.

2. "Public benefit" corporation means a corporation which:

(a) is tax exempt under section 501 (c) (3) of the Internal Revenue Code or is organized for a public or charitable purpose;

(b) on dissolution must distribute its assets to an organization organized for public or charitable purpose, to a religious corporation, to the United States, to a state or to an organization which is tax exempt under section 501 (c) (3) of the Internal Revenue Code; and

(c) does not come within the definition of religious corporation.

3. "Religious" corporation means a corporation which is organized primarily or exclusively for religious purposes.

PLEASE INDICATE ONLY ONE CATEGORY

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