Oregon Statutes 59.350 – Treatment of certain transactions
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For purposes of ORS § 59.005 to 59.505, 59.710 to 59.830, 59.991 and 59.995:
Terms Used In Oregon Statutes 59.350
- Person: includes individuals, corporations, associations, firms, partnerships, limited liability companies and joint stock companies. See Oregon Statutes 174.100
(1) A transaction with spouses married to each other is treated as a transaction with one person. The securities may be held jointly or individually.
(2) A transaction with an entity is treated as a transaction with one person. However, if an entity is formed substantially for the purpose of acquiring the securities that are offered, each security holder shall be counted as a separate person. [1985 c.349 § 11; 2015 c.629 § 4]