441-065-0060 - Creation of Classifications

441-065-0060. Creation of Classifications

(1) The Director creates the following classifications of transactions in securities:

(a) An offering relying on Rule 504 adopted by the Securities and Exchange Commission under "Regulation D" (17 CFR Part 230.504), or an offer relying on a federal statute or rule other than "Regulation D" but designed to meet the applicable requirements of OAR 441-065-0070 through 441-065-0210 and 441-065-0220 through 441-065-0222 and not exceeding $1,000,000 (the "Small Offering Abbreviated Registration" or "SOAR Offering);

(b) An offering relying on Rule 504 adopted by the Securities and Exchange commission under "Regulation D" (17 CFR 230.504) or an offering relying on a federal statute or rule other than "Regulation D" but designed to meet the applicable requirements of OAR 441-065-0070 through 441-065-0210 and 441-065-0225 not exceeding $5,000,000 (the "Small Corporate Offering Registration" or "SCOR Offering").

(2) Transactions in securities described in section (1) may be registered under the appropriate provisions of OAR 441-065-0060 through 441-065-0225.

(CC 9-1982(Temp), f. 4-7-82, ef. 4-15-82; CC 11-1982, f. 8-11-82, ef. 10-10-82; FCS 11-1988(Temp), f. & cert. ef. 6-2-88; Renumbered from 815-036-0000; FCS 15-1988, f. & ef. 11-21-88; FCS 4-1992, f. & cert. ef. 10-1-92; FCS 2-1998, f. & cert. ef. 4-30-98; FSR 5-2018, amend filed 04/26/2018, effective 5/1/2018)

Publications: The publication(s) referred to or incorporated by reference in this rule are available from the agency.

Statutory/Other Authority: ORS 59.065 & 59.285

Statutes/Other Implemented: ORS 59.065

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