2011 Oregon Revised Statutes
ORS Volume 16, Chapters 705 - 752
ORS Chapter 711
711.185 Stockholder withdrawal of demand for payment for shares made under ORS 711.180.
(1) A dissenting stockholder making a demand under ORS 711.180 may withdraw the demand if:
(a) The Oregon stock bank, Oregon trust company or its successor consents to the withdrawal; or
(b) The dissenting stockholder pays the stockholder s pro rata share of the appraisal costs and the Oregon stock bank s or Oregon trust company s reasonable costs and expenses, including attorney fees and costs.
(2) When a dissenting stockholder withdraws the demand under subsection (1) of this section, the stockholder s status as a stockholder shall be restored, without prejudice to any corporate proceedings taking place in the interim. [1997 c.631 281; 2005 c.134 11]
(General Provisions)
Disclaimer: These codes may not be the most recent version. Oregon may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
