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Oregon Revised Statutes Corporations and Partnerships § 58.383

Current as of January 01, 2023 | Updated by Findlaw Staff

(1) A shareholder of a professional corporation organized for the purpose of practicing medicine may sell or transfer shares only in a manner that leaves the corporation in compliance with this chapter.

(2) Subject to subsection (1) of this section, the articles of incorporation, bylaws or agreements among shareholders of a professional corporation organized for the purpose of practicing medicine may provide limitations on the issuance and transferability of shares of the corporation and may provide for the purchase or redemption of shares by the corporation.

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Cite this article: FindLaw.com - Oregon Revised Statutes Corporations and Partnerships § 58.383 - last updated January 01, 2023 | https://codes.findlaw.com/or/title-7-corporations-and-partnerships/or-rev-st-sect-58-383/

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