Oregon Revised Statutes Chapter 711 § 711.170 — (5); and
Oregon Revised Statutes Chapter 711 ·
Oregon Code § 711.170·Enacted ·Last updated March 01, 2026
Statute Text
(5); and
(e) A plan of
conversion pursuant to which the Oregon stock bank or Oregon trust company is
to be converted to a limited liability company.
(2) To perfect a
stockholders right to dissent to a transaction described in subsection (1) of
this section, the stockholder must send or deliver a notice of dissent to the
Oregon stock bank or Oregon trust company prior to or at the meeting of the
stockholders at which the transaction is submitted to a vote, or the
stockholder must vote against the transaction.
(3) A stockholder
may not dissent as to less than all the shares registered in the name of the
stockholder, except a stockholder holding, as a fiduciary or nominee, shares
registered in the stockholders name for the benefit of more than one
beneficiary, may dissent as to less than all of the shares registered in the
fiduciary or nominees name if any dissent as to the shares held for a
beneficiary is made as to all the shares held by the fiduciary for that
beneficiary or nominee. The fiduciarys rights shall be determined as if the
shares to which the fiduciary has dissented and the other shares are registered
in the names of different stockholders. [1997 c.631 §280; 2005 c.134 §9]
Plain English Explanation
This Oregon statute addresses (5); and. AI-powered analysis coming soon.
Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 711.170
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses (5); and. 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 § 711.170. Use this format in legal documents and court filings.
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