Or. Admin. R. 441-505-2005

Current through Register Vol. 63, No. 9, September 1, 2024
Section 441-505-2005 - Conducting Stockholder Meetings Remotely

Oregon chartered commercial banks, Oregon trust companies, and Oregon stock savings banks may conduct stockholder meetings remotely by means of telephone conference, video conference, or similar means of communications that allows all persons, physically or remotely participating in the meeting, to communicate with each other, provided that participation is controlled and limited to those entitled to attend, and the identity of participants is determinable and reasonably verifiable. Stockholders attending the annual meeting remotely and all other stockholder meetings held in accordance with this rule shall be considered as "present" for purposes of the meetings and in accordance with ORS 707.621.

Or. Admin. R. 441-505-2005

FSR 19-2020, temporary adopt filed 03/27/2020, effective 3/27/2020 through 9/22/2020; FSR 22-2020, adopt filed 09/17/2020, effective 9/21/2020

Statutory/Other Authority: ORS 706.790

Statutes/Other Implemented: 706.610 & 707.621