(a) Contains an incorrect statement; or
(b) Was defectively executed, attested, sealed, verified or acknowledged.
(2) Errors in annual reports may be corrected as provided in ORS 65.787.
(3) A domestic corporation or foreign corporation seeking to correct a document shall deliver the articles of correction to the Secretary of State for filing. The articles of correction must include the following:
(a) A description of the incorrect document, including the filing date or a copy of the document;
(b) A description of the incorrect statement and the reason the statement is incorrect or a description of the manner in which the execution, attestation, seal, verification or acknowledgment is defective; and
(c) A correction of the incorrect statement or defective execution, attestation, seal, verification or acknowledgment.
(4) Articles of correction are effective on the effective date of the document the articles correct except as to persons relying on the uncorrected document and adversely affected by the correction. As to those persons, articles of correction are effective when filed by the Secretary of State.
(5) An incorrect document with a delayed effective date may also be corrected by withdrawal and new filing pursuant to the provisions of ORS 56.080. [1989 c.1010 §7; 2019 c.174 §9]