Oregon § 60.467 Bylaw increasing quorum or voting requirement for directors

Oregon Statutes

§ 60.467 — Bylaw increasing quorum or voting requirement for directors

Oregon § 60.467

Vol.2

Title 7Corporations and Partnerships

Ch. 60Private Corporations

This text of Oregon § 60.467 (Bylaw increasing quorum or voting requirement 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. § 60.467 (2026).

Text

(1)A bylaw provision that fixes a greater quorum or voting requirement for the board of directors may be amended or repealed:

(a)If the provision was originally adopted by the shareholders, only by the shareholders; or

(b)If the provision was originally adopted by the board of directors, either by the shareholders or by the board of directors.

(2)A bylaw provision adopted or amended by the shareholders that fixes a greater quorum or voting requirement for the board of directors may provide that it may be amended or repealed only by a specified vote of either the shareholders or the board of directors.

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(1) A bylaw provision that fixes a greater quorum or voting requirement for the board of directors may be amended or repealed:
(a) If the provision was originally adopted by the shareholders, only by the shareholders; or
(b) If the provision was originally adopted by the board of directors, either by the shareholders or by the board of directors.
(2) A bylaw provision adopted or amended by the shareholders that fixes a greater quorum or voting requirement for the board of directors may provide that it may be amended or repealed only by a specified vote of either the shareholders or the board of directors.