For purposes of ORS 59.005 to 59.451, 59.710 to 59.830, 59.991 and 59.995:
(1) A transaction with a husband and wife 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]
Section: Previous 59.320 59.325 59.330 59.331 59.335 59.340 59.345 59.350 59.355 59.365 59.370 59.375 59.405 59.410 59.415 NextLast modified: August 7, 2008