Oregon Code § 60.234·Enacted ·Last updated March 01, 2026
Statute Text
Shares
held by nominees.
(1) A corporation may establish a procedure by which the beneficial owner of
shares that are registered in the name of a nominee is recognized by the
corporation as the shareholder. The extent of this recognition may be
determined in the procedure.
(2) The procedure
referred to in subsection (1) of this section may set forth:
(a) The types of
nominees to which it applies;
(b) The rights or
privileges that the corporation recognizes in a beneficial owner;
(c) The manner in
which the procedure is selected by the nominee;
(d) The
information that must be provided when the procedure is selected;
(e) The period
for which selection of the procedure is effective; and
(f) Other aspects
of the rights and duties created. [1987 c.52 §59]
Plain English Explanation
This Oregon statute addresses Shares
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Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 60.234
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.
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 § 60.234. Use this format in legal documents and court filings.
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