Oregon Code § 60.164·Enacted ·Last updated March 01, 2026
Statute Text
Shares
without certificates.
(1) Unless the articles of incorporation or bylaws provide otherwise, the board
of directors of a corporation may authorize the issue of some or all of the
shares of any or all of its classes or series without certificates. The
authorization does not affect shares already represented by certificates until
they are surrendered to the corporation.
(2) Within a
reasonable time after the issue or transfer of shares without certificates, the
corporation shall send the shareholder a written statement of the information
required on certificates by ORS 60.161 (2) and (3), and if applicable, ORS
60.167. [1987 c.52 §43]
Plain English Explanation
This Oregon statute addresses Shares
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Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 60.164
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Shares
. Read the full statute text above for details.
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