Oregon Statutes
§ 60.307 — Number and election of directors
Oregon § 60.307
This text of Oregon § 60.307 (Number and election of 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. § 60.307 (2026).
Text
(1)A board of directors must consist of one or more individuals, with the number specified in or fixed in accordance with the articles of incorporation or bylaws. Notwithstanding ORS 60.001 (22), the estate of an incompetent individual or a deceased individual may not be a director.
(2)The number of directors may be increased or decreased from time to time by amendment to, or in the manner provided in, the articles of incorporation or the bylaws.
(3)Directors are elected at the first annual shareholders’ meeting and at each annual meeting thereafter unless the directors’ terms are staggered under ORS 60.317.
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Related
Necanicum Investment Co. v. Employment Department
190 P.3d 368 (Oregon Supreme Court, 2008)
Legislative History
1987 c.52 §70; 2003 c.80 §10; 2013 c.158 §22; 2013 c.274 §6; 2017 c.55 §11
Nearby Sections
15
§ 60.001
Definitions§ 60.004
Filing requirements§ 60.010
§ 60.010§ 60.014
Correcting filed document§ 60.016
Forms; rules§ 60.020
§ 60.020§ 60.030
§ 60.030§ 60.031
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Bluebook (online)
Oregon § 60.307, Counsel Stack Legal Research, https://law.counselstack.com/statute/or/60.307.