Oregon § 60.251 Voting for directors

Oregon Statutes

§ 60.251 — Voting for directors

Oregon § 60.251

Vol.2

Title 7Corporations and Partnerships

Ch. 60Private Corporations

This text of Oregon § 60.251 (Voting for directors) is published on Counsel Stack Legal Research, covering Oregon primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Or. Rev. Stat. § 60.251 (2026).

Text

(1)Unless otherwise provided in the articles of incorporation, directors are elected by a plurality of the votes cast by the shares entitled to vote in the election at a meeting at which a quorum is present.

(2)Shareholders do not have a right to cumulate their votes for directors unless the articles of incorporation so provide.

(3)A statement included in the articles of incorporation that “all shareholders are entitled to cumulate their votes for directors,” “a designated voting group of shareholders are entitled to cumulate their votes for director” or words of similar import means that the shareholders designated are entitled to multiply the number of votes they are entitled to cast by the number of directors for whom they are entitled to vote and cast the product for a single candid

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(1) Unless otherwise provided in the articles of incorporation, directors are elected by a plurality of the votes cast by the shares entitled to vote in the election at a meeting at which a quorum is present.
(2) Shareholders do not have a right to cumulate their votes for directors unless the articles of incorporation so provide.
(3) A statement included in the articles of incorporation that “all shareholders are entitled to cumulate their votes for directors,” “a designated voting group of shareholders are entitled to cumulate their votes for director” or words of similar import means that the shareholders designated are entitled to multiply the number of votes they are entitled to cast by the number of directors for whom they are entitled to vote and cast the product for a single candidate or distribute the product among two or more candidates. [1987 c.52 §64; 1993 c.403 §3]
(Voting Trusts and Agreements)