Oregon corporate bylaws are a set of rules that must be adopted by each new corporation in Oregon to lay out provisions regarding the internal management of the entity. The document will describe the rights and duties of the board of directors and shareholders, along with the company’s policies regarding corporate meetings, indemnification, and the issuance of shares.
Once implemented, the provisions may be altered, revoked, or added to by the board of directors or shareholders as the company changes. These bylaws are internal and need not be filed with the Secretary of State.
Chapter: Chapter 60: Private Corporations
- Bylaws: § 60.061
- Indemnification: § 60.394, § 60.401, § 60.407
- Notice of meetings:
- Issuance of shares: § 60.147