Bill
Bill > HB3588
summary
Introduced
02/18/2025
02/18/2025
In Committee
05/12/2025
05/12/2025
Crossed Over
04/21/2025
04/21/2025
Passed
06/11/2025
06/11/2025
Dead
Signed/Enacted/Adopted
06/11/2025
06/11/2025
Introduced Session
2025 Legislative Measures
Bill Summary
AN ACT Relating to business registrations; amending ORS 56.035, 60.001, 63.001, 65.001 and 70.020; and de- claring an emergency.
AI Summary
This bill modifies several Oregon Revised Statutes (ORS) related to business registrations, specifically addressing requirements for business addresses and verification processes. The key provisions involve allowing the Secretary of State to verify that business entities' principal office, records office, and registered agent addresses are physical street addresses, rather than mail forwarding services, virtual offices, or commercial mail receiving agencies. However, the bill now permits a commercial mail receiving agency to be considered a valid principal office or records office if its physical street address matches the business's principal executive offices. Additionally, the bill provides a mechanism for businesses to request that their physical street address be protected from public disclosure under certain circumstances. The changes apply to various types of business entities including corporations, limited liability companies, and limited partnerships. The bill is declared an emergency measure, meaning it will take effect immediately upon passage, with the stated purpose of preserving public peace, health, and safety by ensuring more accurate and verifiable business registration information.
Committee Categories
Business and Industry
Sponsors (1)
Last Action
Chapter 158, (2025 Laws): Effective date May 27, 2025. (on 06/11/2025)
Official Document
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