Or. Rev. Stat. § 60.564
Notice of intent to demand payment
Oregon · Oregon Revised Statutes Chapter 60 — Private Corporations · Status: effective
Cite this
- Citation
- Or. Rev. Stat. § 60.564, Notice of intent to demand payment, Oregon, version 1 as recorded 2026-10-04, yourstate.us, https://yourstate.us/provision/2452889
- Permanent ID
ys:prov:2452889@1- SHA-256
5006c8a8ceb72f0fc7726f2abe7f58b617f04477198c003f0b087580743af684
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
(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 shareholder’s intent to demand payment for the shareholder’s 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 shareholder’s shares under this chapter.