(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 stockholders pro rata share of the appraisal costs and the Oregon stock banks or Oregon trust companys reasonable costs and expenses, including attorney fees and costs. (2) When a dissenting stockholder withdraws the demand under subsection (1) of this section, the stockholders status as a stockholder shall be restored, without prejudice to any corporate proceedings taking place in the interim. (General Provisions)
‹ Prev All Oregon sections Next ›
Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.