Oregon Code § 60.467·Enacted ·Last updated March 01, 2026
Statute Text
Bylaw
increasing quorum or voting requirement for directors.
(1) A bylaw provision that fixes a
greater quorum or voting requirement for the board of directors may be amended
or repealed:
(a) If the
provision was originally adopted by the shareholders, only by the shareholders;
or
(b) If the
provision was originally adopted by the board of directors, either by the
shareholders or by the board of directors.
(2) A bylaw
provision adopted or amended by the shareholders that fixes a greater quorum or
voting requirement for the board of directors may provide that it may be
amended or repealed only by a specified vote of either the shareholders or the
board of directors. [1987 c.52 §114; 1989 c.1040 §26]
CONVERSION, MERGER AND
SHARE EXCHANGE
Plain English Explanation
This Oregon statute addresses Bylaw
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Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 60.467
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Bylaw
. Read the full statute text above for details.
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The formal citation is Oregon Code § 60.467. Use this format in legal documents and court filings.
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