Or. Admin. Code § 441-025-0125 - Required Filings and Records
(1)
At least 14 days before engaging in any limited advertising promoting
membership shares, capital stock, or other authorized securities including
notes and debentures, the renewable energy cooperative corporation shall file
with the director:
(a) The written
disclosures required under
441-025-0123;
(b) A generic sample of the written
disclosure prepared to meet
441-025-0124; and
(c) If applicable, a written request to use
the "enhanced community" standard under OAR
441-025-0120(b)(i).
The request shall include identification of the geographical area to be
included and the reason or basis of need for the use of the enhanced community.
(2) The renewable
energy cooperative corporation shall retain a copy of each investor's signed
and dated written or electronic disclosure documents developed to meet the
requirements of 441-025-0123 and
441-025-0124 for no less than
four years after the termination of the offering or after any notes mature.
(3) Filing with the director does
not constitute approval or acceptance of the information disclosed.
Notes
Stat. Auth.: ORS 59.025 & 2014 OL Ch. 69 §2 Stat. Implemented: ORS 59.025 & 2014 OL Ch. 69 §1
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