(2) Cumulative voting is not authorized at a particular meeting unless:
(a) The meeting notice or statement accompanying the notice states that cumulative voting will take place; or
(b) A member gives notice during the meeting and before the vote is taken of the member’s intent to vote cumulatively, and if one member gives this notice all other members participating in the election may vote cumulatively without giving further notice.
(3)(a) Except as provided in paragraph (b) of this subsection, members may, without cause, remove a director who was elected by cumulative voting if the members act in accordance with ORS 65.324.
(b) A proposal to remove a director who was elected by cumulative voting fails if the number of votes that members cast against the proposal to remove the director, or that fail to consent in writing to the removal, would have been sufficient to elect the director under these circumstances:
(A) The members had voted cumulatively at an election that occurred at the time the director was last elected;
(B) All directors authorized to serve on the board of directors were subject to election at that time; and
(C) If during the election:
(i) The members had cast the same total number of votes; or
(ii) All memberships entitled to vote were voted, if the election was by written ballot.
(4) Members may not vote cumulatively if the directors and members are identical. [1989 c.1010 §65; 2019 c.174 §49]
Structure 2021 Oregon Revised Statutes
Volume : 02 - Business Organizations, Commercial Code
Chapter 065 - Nonprofit Corporations
Section 65.004 - Filing requirements.
Section 65.011 - Effective time and date of document.
Section 65.014 - Correcting filed document.
Section 65.017 - Filing duty of Secretary of State.
Section 65.024 - Evidentiary effect of certified copy of filed document or secretary’s certificate.
Section 65.027 - Certificate of existence or authorization.
Section 65.036 - Private foundations.
Section 65.038 - Judicial relief.
Section 65.040 - Notice to Attorney General; effect of failure to notify.
Section 65.047 - Articles of incorporation.
Section 65.051 - Incorporation.
Section 65.057 - Organization of corporation.
Section 65.064 - Emergency bylaws and powers.
Section 65.067 - Corporation sole.
Section 65.077 - General powers.
Section 65.081 - Emergency powers.
Section 65.084 - Challenge of corporate authority; remedy.
Section 65.094 - Corporate name.
Section 65.097 - Reserved name.
Section 65.101 - Registered name.
Section 65.111 - Registered office and registered agent.
Section 65.114 - Change of registered office or registered agent.
Section 65.117 - Resignation of registered agent.
Section 65.144 - Rights and obligations of members.
Section 65.157 - Creditor’s action against member.
Section 65.167 - Termination, expulsion or suspension.
Section 65.171 - Acquiring memberships.
Section 65.174 - Derivative suits.
Section 65.201 - Annual and regular meetings.
Section 65.204 - Special meeting.
Section 65.205 - Participation in meeting by remote communication.
Section 65.207 - Court-ordered meeting; attorney fees.
Section 65.211 - Action without meeting.
Section 65.214 - Notice of meeting.
Section 65.217 - Waiver of notice.
Section 65.222 - Action by written ballot.
Section 65.224 - Members’ list for meeting; attorney fees.
Section 65.227 - Voting entitlement of members.
Section 65.237 - Corporation’s acceptance of votes.
Section 65.241 - Quorum requirements.
Section 65.244 - Voting requirements.
Section 65.247 - Cumulative voting for directors.
Section 65.251 - Other methods of electing directors.
Section 65.254 - Voting agreements.
Section 65.260 - Definitions for ORS 65.260 to 65.281.
Section 65.263 - Defective corporate action; ratification or validation; effective date.
Section 65.266 - Ratification by board of directors; procedure; submission to shareholders.
Section 65.269 - Quorum; notice to shareholders of proposed ratification.
Section 65.272 - Notice of ratification by board of directors.
Section 65.275 - Corrected corporate action; validity; effective date.
Section 65.278 - Articles of validation; filing with Secretary of State.
Section 65.281 - Judicial review of corporate action; persons permitted to seek review.
Section 65.301 - Requirement for and duties of board.
Section 65.307 - Number of directors.
Section 65.311 - Election, designation and appointment of directors.
Section 65.314 - Terms of directors generally.
Section 65.321 - Resignation of directors.
Section 65.324 - Removal of directors elected by members or directors.
Section 65.327 - Removal of directors by judicial proceeding.
Section 65.331 - Removal of designated or appointed directors.
Section 65.334 - Vacancy on board.
Section 65.337 - Regular and special meetings.
Section 65.341 - Action without meeting.
Section 65.344 - Call and notice of meetings.
Section 65.347 - Waiver of notice.
Section 65.351 - Quorum and voting.
Section 65.357 - General standards for directors.
Section 65.361 - Director conflict of interest.
Section 65.364 - Loans to or guarantees for directors and officers.
Section 65.367 - Liability for unlawful distributions.
Section 65.369 - Liability of qualified directors.
Section 65.371 - Required officers.
Section 65.377 - Standards of conduct for officers.
Section 65.381 - Resignation and removal of officers.
Section 65.384 - Contract rights of officers.
Section 65.387 - Definitions for ORS 65.387 to 65.414.
Section 65.391 - Authority to indemnify.
Section 65.397 - Advance for expenses.
Section 65.401 - Court-ordered indemnification.
Section 65.404 - Determination and authorization of indemnification.
Section 65.407 - Indemnification of officers, employees and agents.
Section 65.414 - Application of ORS 65.387 to 65.411.
Section 65.434 - Amendment by directors.
Section 65.437 - Amendment by board of directors and members.
Section 65.439 - Amendment of articles of incorporation of public benefit corporation.
Section 65.441 - Class voting by members on amendments.
Section 65.447 - Articles of amendment.
Section 65.451 - Restated articles of incorporation.
Section 65.454 - Amendment pursuant to court order.
Section 65.464 - Amendment by directors and members.
Section 65.481 - Approval of plan of merger.
Section 65.484 - Limitations on mergers by public benefit or religious corporations.
Section 65.487 - Action on plan of merger by board, members and third persons.
Section 65.491 - Articles and plan of merger.
Section 65.494 - Effect of merger.
Section 65.497 - Merger with foreign corporation.
Section 65.531 - Sale of assets in regular course of activities; mortgage of assets.
Section 65.534 - Sale of assets other than in regular course of activities.
Section 65.554 - Authorized distributions.
Section 65.621 - Dissolution by incorporators.
Section 65.624 - Dissolution by directors, members and third persons.
Section 65.631 - Articles of dissolution.
Section 65.634 - Revocation of dissolution.
Section 65.637 - Effect of dissolution.
Section 65.641 - Known claims against dissolved corporation.
Section 65.644 - Unknown claims against dissolved corporation.
Section 65.647 - Grounds for administrative dissolution.
Section 65.651 - Procedure for and effect of administrative dissolution.
Section 65.654 - Reinstatement following administrative dissolution.
Section 65.657 - Appeal from denial of reinstatement.
Section 65.661 - Grounds for judicial dissolution.
Section 65.664 - Procedure for judicial dissolution.
Section 65.667 - Receivership or custodianship.
Section 65.671 - Judgment of dissolution.
Section 65.701 - Authority to transact business required.
Section 65.704 - Consequences of transacting business without authority.
Section 65.707 - Application for authority to transact business.
Section 65.711 - Amendment to application for authority.
Section 65.714 - Effect of authority.
Section 65.717 - Corporate name of foreign corporation.
Section 65.721 - Registered office and registered agent of foreign corporation.
Section 65.724 - Change of registered office or registered agent of foreign corporation.
Section 65.727 - Resignation of registered agent of foreign corporation.
Section 65.734 - Withdrawal of foreign corporation.
Section 65.737 - Grounds for administrative revocation.
Section 65.741 - Procedure for and effect of administrative revocation.
Section 65.747 - Reinstatement following administrative revocation.
Section 65.751 - Grounds for judicial revocation.
Section 65.754 - Procedure for judicial revocation of authority.
Section 65.757 - Judgment of revocation.
Section 65.771 - Corporate records.
Section 65.774 - Inspection of records by members.
Section 65.777 - Scope of inspection right.
Section 65.781 - Court-ordered inspection; attorney fees.
Section 65.782 - Limitations on use of membership list.
Section 65.784 - Report to members and other persons of indemnification.
Section 65.787 - Annual report.
Section 65.800 - Definitions for ORS 65.803 to 65.815.
Section 65.805 - Notice to Attorney General; fee; trade secrets.
Section 65.807 - Public hearing; waiver; notice.
Section 65.809 - Time for Attorney General decision; nature of decision; appeal.
Section 65.811 - Disapproval of proposed transfer of assets.
Section 65.813 - Consultants; cost; rules; fee.
Section 65.957 - Application to existing domestic corporations; exemptions.
Section 65.964 - Saving provisions.