Oregon Code § 60.564·Enacted ·Last updated March 01, 2026
Statute Text
Notice
of intent to demand payment.
(1) If proposed corporate action creating dissenters rights under ORS 60.554
is submitted to a vote at a shareholders meeting, a shareholder who wishes to
assert dissenters rights shall deliver to the corporation before the vote is
taken written notice of the shareholders intent to demand payment for the
shareholders shares if the proposed action is effectuated and shall not vote
such shares in favor of the proposed action.
(2) A shareholder
who does not satisfy the requirements of subsection (1) of this section is not
entitled to payment for the shareholders shares under this chapter. [1987 c.52
§128]
Plain English Explanation
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Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 60.564
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Notice
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