Oregon Statutes 711.185 – Stockholder withdrawal of demand for payment for shares made under ORS 711.180
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(1) A dissenting stockholder making a demand under ORS § 711.180 may withdraw the demand if:
Terms Used In Oregon Statutes 711.185
- Appraisal: A determination of property value.
(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)