Or. Admin. Code § 410-141-5315 - CCO HOLDING COMPANY REGULATION: Disclaimer of Affiliation
(1) Any person, CCO or member of a CCO
holding company system may file with the Authority a disclaimer of affiliation
with any authorized CCO. The disclaimer must contain the following information:
(a) The number of authorized, issued and
outstanding voting securities of the subject;
(b) With respect to the person whose control
is denied and all affiliates of such person, the number and percentage of
shares of the subject's voting securities which are held of record or known to
be beneficially owned, and the number of shares concerning which there is a
right to acquire, directly or indirectly.
(2) All material relationships and bases for
affiliation between the subject and the person whose control is denied and all
affiliates of such person.
(3) A
disclaimer that the person, CCO or member of the CCO holding company system
files under this section is effective unless within 30 days after the Authority
receives a complete disclaimer the Authority notifies the person, the CCO or
the member of the CCO holding company system that Authority has disallowed the
disclaimer, unless tolled by agreement between the Authority and the
disclaiming party.
(4) The
Authority shall hold a contested case hearing upon written request for a
hearing by the person, CCO or member of a CCO holding company system that filed
the disclaimer. Such request must be filed within 15 business days from the
date the Authority provides written notice it has disallowed the disclaimer.
The provisions of ORS Chapter 183 govern the hearing procedures and any
judicial review of a final order issued in a contested case hearing.
Notes
Statutory/Other Authority: ORS 413.042, 414.572, 414.591 & 414.605
Statutes/Other Implemented: ORS 414.570-414.686 & 415.001-415.430
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