Oregon Code § 60.594·Enacted ·Last updated March 01, 2026
Statute Text
Court
costs and counsel fees.
(1) The court in an appraisal proceeding commenced under ORS 60.591 shall
determine all costs of the proceeding, including the reasonable compensation
and expenses of appraisers appointed by the court. The court shall assess the
costs against the corporation, except that the court may assess costs against
all or some of the dissenters, in amounts the court finds equitable, to the
extent the court finds the dissenters acted arbitrarily, vexatiously, or not in
good faith in demanding payment under ORS 60.587.
(2) The court may
also assess the fees and expenses of counsel and experts of the respective
parties in amounts the court finds equitable:
(a) Against the
corporation and in favor of any or all dissenters if the court finds the
corporation did not substantially comply with the requirements of ORS 60.561 to
60.587; or
(b) Against
either the corporation or a dissenter, in favor of any other party, if the
court finds that the party against whom the fees and expenses are assessed
acted arbitrarily, vexatiously or not in good faith with respect to the rights
provided by this chapter.
(3) If the court
finds that the services of counsel for any dissenter were of substantial
benefit to other dissenters similarly situated, and that the fees for those
services should not be assessed against the corporation, the court may award to
counsel reasonable fees to be paid out of the amount awarded the dissenters who
were benefited. [1987 c.52 §137]
DISSOLUTION
(Voluntary Dissolution)
Plain English Explanation
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Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 60.594
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Court
. Read the full statute text above for details.
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The formal citation is Oregon Code § 60.594. Use this format in legal documents and court filings.
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