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If your organization is a mutual benefit corporation or religious and you're not planning to apply for 501(c) status, you only need one board member. If your organization is a public benefit corporation or you'll be applying for 501(c) status with the IRS, you'll need at least three board members.
The Oregon Business Corporation Act includes laws and regulations for corporations doing business in the state of Oregon. By forming a corporation, the owner's personal assets aren't at risk for legal or financial issues relating to the business.
Task Force for Modernizing Grant Funding and Contracting The 2023 campaign for Senate Bill 606, the Oregon Nonprofit Modernization Act, aimed to help Oregon's nonprofits retain staff and continue providing essential services and promoting all Oregonians' well-being.
Nonprofit organizations must register with and be certified by the Oregon Secretary of State. The Oregon Department of Justice (DOJ) regulates charitable activities in Oregon.
Corporate bylaws are legally required in Oregon. § 60.061, corporate bylaws shall be adopted by the incorporators or the corporation's board of directors. Bylaws are usually adopted by your corporation's directors at their first board meeting.
ORS Chapter 65 ? Nonprofit Corporations.
Prepare and File Articles of Incorporation Agency:Oregon Secretary of State - Corporations DivisionForm:?Articles of IncorporationFiling Method:Mail, fax, or online.Agency Fee:$50Turnaround:~7-10 business days by mail. ~1-2 business days by fax. Instantly online.2 more rows