(1) A majority of the incorporators or initial directors of a corporation that has not issued shares and has not commenced business may dissolve the corporation by delivering articles of dissolution to the office for filing.\n(2) Articles of dissolution shall set forth:\n(a) The name of the corporation;\n(b) The date of its incorporation;\n(c) That none of the corporation’s shares has been issued and that the corporation has not commenced business;\n(d) That no debt of the corporation remains unpaid; and\n(e) That a majority of the incorporators or initial directors authorized the dissolution. [1987 c.52 §138; 1987 c.579 §5]
Oregon Legal Code