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Corporation sole may be reinstated after administrative dissolution

Corporation sole may be reinstated after administrative dissolution

Corporation sole may be reinstated after administrative dissolution

A corporation sole that had been administratively dissolved in Oregon for failure to file its annual report may be reinstated to active status even though the state outlawed the formation of new corporations sole in 2015. The Court of Appeals of Oregon has overturned a ruling by the Secretary of State denying reinstatement to The House of R.E.A.P, a church. Corporations sole are a largely outmoded form of church corporations in which a single individual is the sole officer and director (such as the Bishop of the Diocese) and is automatically succeeded by the Church’s successor when the individual is no longer able to serve. Oregon prohibited the formation of such corporations in 2015 after...

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