Oregon Revised Statutes Chapter 58 § 58.518 — Issuance, sale, transfer and redemption of shares
Oregon Revised Statutes Chapter 58 ·
Oregon Code § 58.518·Enacted ·Last updated March 01, 2026
Statute Text
Issuance, sale, transfer and redemption of shares.
(1) A shareholder of a
professional corporation organized for the purpose of practicing medicine may
sell or transfer shares only in a manner that leaves the corporation in
compliance with this chapter.
(2) Subject to
subsection (1) of this section, the articles of incorporation, bylaws or
agreements among shareholders of a professional corporation organized for the
purpose of practicing medicine may provide limitations on the issuance and
transferability of shares of the corporation and may provide for the purchase
or redemption of shares by the corporation. [Formerly 58.383]
Plain English Explanation
This Oregon statute addresses Issuance, sale, transfer and redemption of shares. AI-powered analysis coming soon.
Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 58.518
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Issuance, sale, transfer and redemption of shares. Read the full statute text above for details.
This page reflects the current text as of our last update. Always verify with the official Oregon legislature website for the most current version.
The formal citation is Oregon Code § 58.518. Use this format in legal documents and court filings.
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