Or. Rev. Stat. § 65.074
Purposes
Oregon · Oregon Revised Statutes Chapter 65 — Nonprofit Corporations · Status: effective
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- Or. Rev. Stat. § 65.074, Purposes, Oregon, version 1 as recorded 2026-10-04, yourstate.us, https://yourstate.us/provision/2453735
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Full text
(1) Every corporation incorporated under this chapter has the purpose of engaging in any lawful activity unless a more limited purpose is set forth in the articles of incorporation. A person may not incorporate a corporation under this chapter for any illegal purpose or with an intent to fraudulently conceal any business activity from another person or a governmental agency.
(2) A corporation that is subject to regulation under another statute of the state may not be incorporated under this chapter if the corporation must be organized under the other statute.