(1) A shareholder sent a dissenters notice described in ORS 60.567 must demand payment, certify whether the shareholder acquired beneficial ownership of the shares before the date required to be set forth in the dissenters notice pursuant to ORS 60.567 (2)(c), and deposit the shareholders certificates in accordance with the terms of the notice. (2) The shareholder who demands payment and deposits the shareholders shares under subsection (1) of this section retains all other rights of a shareholder until these rights are canceled or modified by the taking of the proposed corporate action. (3) A shareholder who does not demand payment or deposit the shareholders share certificates where required, each by the date set in the dissenters notice, is not entitled to payment for the shareholders shares under this chapter.
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