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---
type: "Bill"
title: "Relating to procedures for correcting defective corporate actions."
description: "Provides structure and procedures by which business corporation and nonprofit corporation may ratify and approve defective corporate actions. Permits certain persons to challenge ratification and approval of defective corporate actions."
jurisdiction: "us/states/or"
legislature: "Oregon Legislative Assembly"
session: "2019 Regular Session"
identifier: "SB 359"
citation: "Oregon SB 359 (2019 Regular Session)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: []
version_count: 5
action_count: 29
vote_count: 5
first_action: "2019-01-14T15:33:37+00:00"
last_action: "2019-06-17T15:57:34+00:00"
source: "openstates"
source_identifier: "ocd-bill/cb3409f7-9bde-487c-af86-75e7a8b0ade7"
source_url: "https://olis.leg.state.or.us/liz/2019R1/Measures/Overview/SB359"
source_hash: "62149a4821feeed1858b4ba8839f9704e546ef9915ca7a346c59a475e312ac54"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-or"]
---
# Oregon SB 359 (2019 Regular Session) — Relating to procedures for correcting defective corporate actions.
Provides structure and procedures by which business corporation and nonprofit corporation may ratify and approve defective corporate actions. Permits certain persons to challenge ratification and approval of defective corporate actions.
## Version chain
The bill's text revisions, in order — the diff chain from filing to enrollment.
1. **House Amendments to Introduced** (filed) — [source](https://olis.leg.state.or.us/liz/2019R1/Downloads/MeasureDocument/SB359/House Amendments to Introduced)
2. **Introduced** (filed) — [source](https://olis.leg.state.or.us/liz/2019R1/Downloads/MeasureDocument/SB359/Introduced)
3. **A-Engrossed** (committee substitute) — [source](https://olis.leg.state.or.us/liz/2019R1/Downloads/MeasureDocument/SB359/A-Engrossed)
4. **HJUD Amendment -1** (committee substitute) — [source](https://olis.leg.state.or.us/liz/2019R1/Downloads/ProposedAmendment/15919)
5. **Enrolled** (enrolled) — [source](https://olis.leg.state.or.us/liz/2019R1/Downloads/MeasureDocument/SB359/Enrolled)
## Votes
- Third reading. Carried by Fagan. Passed. — **290** (pass) · upper
- Heard and Reported Out with Amendments — **80** (pass) · lower
- Third reading. Carried by McLane. Passed. — **561** (pass) · lower
- Heard and Reported Out — **70** (pass) · upper
- Senate concurred in House amendments and repassed bill. — **280** (pass) · upper
## Timeline
The legislative action history — every referral, reading, and vote.
- **2019-01-14T15:33:37+00:00** Introduction and first reading. Referred to President's desk. `introduction, reading-1, referral-committee`
- **2019-01-16T17:20:23+00:00** Referred to Judiciary. `referral-committee`
- **2019-02-04T17:02:00+00:00** Public Hearing and Work Session held.
- **2019-02-07T16:48:58+00:00** Recommendation: Do pass. `committee-passage-favorable`
- **2019-02-07T18:49:16+00:00** Second reading. `reading-2`
- **2019-02-12T20:29:02+00:00** Carried over to 02-19 by unanimous consent.
- **2019-02-19T19:45:55+00:00** Third reading. Carried by Fagan. Passed. `passage, reading-3`
- **2019-02-20T17:27:34+00:00** First reading. Referred to Speaker's desk. `introduction, reading-1, referral-committee`
- **2019-02-25T23:29:43+00:00** Referred to Judiciary. `referral-committee`
- **2019-04-23T20:01:00+00:00** Public Hearing and Work Session cancelled.
- **2019-04-22T20:01:00+00:00** Public Hearing held.
- **2019-04-30T20:32:00+00:00** Work Session held.
- **2019-05-08T23:16:46+00:00** Recommendation: Do pass with amendments and be printed A-Engrossed. `committee-passage-favorable`
- **2019-05-09T18:22:45+00:00** Second reading. `reading-2`
- **2019-05-13T23:01:03+00:00** Carried over to May 14, 2019 Calendar by virtue of adjournment.
- **2019-05-14T19:29:10+00:00** Carried over to May 15, 2019 Calendar by virtue of adjournment.
- **2019-05-15T19:27:33+00:00** Carried over to May 16, 2019 Calendar by virtue of adjournment.
- **2019-05-16T18:33:40+00:00** Carried over to May 17, 2019 Calendar by virtue of adjournment.
- **2019-05-17T18:57:34+00:00** Carried over to May 20, 2019 Calendar by virtue of adjournment.
- **2019-05-20T19:29:22+00:00** Carried over to May 21, 2019 Calendar by virtue of adjournment.
- **2019-05-21T19:06:09+00:00** Carried over to May 22, 2019 Calendar by virtue of adjournment.
- **2019-05-23T03:30:55+00:00** Third Reading commenced. Carried over to May 23, 2019 Calendar by virtue of adjournment.
- **2019-05-23T17:54:58+00:00** Third reading. Carried by McLane. Passed. `passage, reading-3`
- **2019-06-03T20:01:57+00:00** Senate concurred in House amendments and repassed bill.
- **2019-06-04T23:19:29+00:00** President signed. `passage`
- **2019-06-05T15:29:35+00:00** Speaker signed. `passage`
- **2019-06-11T16:24:00+00:00** Governor signed. `executive-signature`
- **2019-06-17T15:51:14+00:00** Chapter 325, 2019 Laws.
- **2019-06-17T15:57:34+00:00** Effective date, January 1, 2020.
## Source
OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/cb3409f7-9bde-487c-af86-75e7a8b0ade7`. Confidence: reported (aggregated from official Oregon legislature records).