Oregon Code § 60.584·Enacted ·Last updated March 01, 2026
Statute Text
After-acquired shares.
(1) A corporation may elect to withhold payment required by ORS 60.577 from a
dissenter unless the dissenter was the beneficial owner of the shares before
the date set forth in the dissenters notice as the date of the first
announcement to news media or to shareholders of the terms of the proposed
corporate action.
(2) To the extent
the corporation elects to withhold payment under subsection (1) of this
section, after taking the proposed corporate action, it shall estimate the fair
value of the shares plus accrued interest and shall pay this amount to each
dissenter who agrees to accept it in full satisfaction of such demand. The
corporation shall send with its offer a statement of its estimate of the fair
value of the shares an explanation of how the interest was calculated and a
statement of the dissenters right to demand payment under ORS 60.587. [1987
c.52 §134]
Plain English Explanation
This Oregon statute addresses After-acquired shares. AI-powered analysis coming soon.
Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 60.584
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses After-acquired 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 § 60.584. Use this format in legal documents and court filings.
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