Stockholder withdrawal of demand for payment for shares made under ORS 711.180
(1) A dissenting stockholder making a demand under ORS 711.180 (Rights of stockholder dissenting to merger, share exchange, transfer of assets or liabilities or conversion) may withdraw the demand if:
(a) The Oregon stock bank, Oregon trust company or its successor consents to the withdrawal; or
(b) The dissenting stockholder pays the stockholder’s pro rata share of the appraisal costs and the Oregon stock bank’s or Oregon trust company’s reasonable costs and expenses, including attorney fees and costs.
(2) When a dissenting stockholder withdraws the demand under subsection (1) of this section, the stockholder’s status as a stockholder shall be restored, without prejudice to any corporate proceedings taking place in the interim. [1997 c.631 §281; 2005 c.134 §11]
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