Or. Admin. Code § 137-020-0200 - Definitions
For purposes of OAR 137-020-0200 through 137-020-0203:
(1) "Telephonic Seller" applies to all
persons required to register with the Oregon Department of Justice pursuant to
ORS 646.551 through 646.565.
(2)
"Doing Business in This State" means making telephonic solicitations of
prospective purchasers from locations in this state or making telephonic
solicitations of prospective purchasers who are located in this
state.
(3) "Department" means
Department of Justice.
(4) "Item"
means any goods and services and includes coupon books which are to be used
with businesses other than the seller's business.
(5) "Owner" means a person who owns or
controls ten percent or more of the net income of a telephonic
seller.
(6) "Person" includes an
individual firm, association, corporation, partnership, joint venture, or any
other business entity.
(7)
"Principal" means an owner, an executive officer of a corporation, a general
partner of a partnership, a sole proprietor of a sole proprietorship, a trustee
of a trust, or any other individual with similar supervisory functions with
respect to any person.
(8)
"Purchaser" or "Prospective Purchaser" means a person who is solicited to
become or does become obligated to a telephonic seller.
(9) "Salesperson" means any individual
employed, appointed or authorized by a telephonic seller, whether referred to
by the telephonic seller as an agent, representative, or independent
contractor, who attempts to solicit or solicits a sale on behalf of the
telephonic seller. The principals of a seller are themselves salespersons if
they solicit sales on behalf of the telephonic seller.
(10) "Newspaper of General Circulation" is a
newspaper published for the dissemination of local or telegraphic news and
intelligence of a general character, and which has been established, printed
and published at regular intervals in the state, county, or city where
publication, notice by publication, or official advertising is to be given or
made for at least one year preceding the date of the publication, notice or
advertisement.
Notes
Stat. Auth.: ORS 646
Stats. Implemented: ORS 646.551
State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will be added as we have more versions to compare.
No prior version found.