(1) A registrant under ORS § 59.065 shall amend the registration application submitted under ORS § 59.065 when there are material changes in the terms and conditions of the original registration. ‘Material changes in the terms and conditions of the original registration’ includes an increase in the aggregate amount of securities to be offered in Oregon, change in the type of securities or change in the identity of the issuer or owner.

Terms Used In Oregon Statutes 59.070

  • Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.

(2) Applications for an amendment to increase the aggregate amount of securities to be offered in Oregon shall include the fee calculated in accordance with ORS § 59.065 (2), less amounts previously paid under the prior registration. The fee may not be less than $100.

(3) This section does not relieve a registrant from the obligation to notify the director concerning material changes in facts and circumstances concerning the offering. [1985 c.349 § 10; 1987 c.603 § 4; 2003 c.785 § 3]

 

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