Learn About The Law
Get help with your legal needs
FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.
Current as of January 01, 2023 | Updated by Findlaw Staff
(1)(a) Shareholders and proxy holders that are not physically present for a shareholders' meeting may participate in the meeting, be deemed present in person and vote if the board of directors authorizes participation by remote communication. Participation by remote communication is subject to guidelines and procedures that the board adopts.
(b) Before a board of directors may authorize shareholders or proxy holders to participate by remote communication in a shareholders' meeting, the corporation shall implement measures to:
(A) Verify that a person that is participating in the meeting by remote communication is a shareholder or a proxy holder; and
(B) Ensure that a shareholder or proxy holder may participate by remote communication in an effective manner.
(c) The corporation shall maintain a record of the vote or other action of a shareholder or proxy holder that participates in a shareholders' meeting by remote communication.
(2) The notice of each annual or special meeting of shareholders at which the board authorizes participation in the manner described in subsection (1) of this section shall state that the board authorizes participation by remote communication and shall describe how a shareholder may notify the corporation of the shareholder's desire to participate in the meeting by remote communication.
Cite this article: FindLaw.com - Oregon Revised Statutes Corporations and Partnerships § 60.222 - last updated January 01, 2023 | https://codes.findlaw.com/or/title-7-corporations-and-partnerships/or-rev-st-sect-60-222/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
A free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw’s Learn About the Law.
Get help with your legal needs
FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.
Search our directory by legal issue
Enter information in one or both fields (Required)