59.350 Treatment of certain transactions
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/or/ors-chapter-59/securities-regulation/59-350·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
59.350 Treatment of certain transactions. For purposes of ORS 59.005 to 59.505, 59.710 to 59.830, 59.991 and 59.995:
(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]