Pursuant to ORS 59.025(15), securities issued in connection with an employee benefit plan are exempt from registration if the plan:

1. (1) Is subject to or voluntarily complies with Title I of the Employee Retirement Income Security Act of 1974, as amended, 29 U.S.C. §§ 1001-1191c;
2. (2) Meets the requirements of Section 403(b) of the Internal Revenue Code, 26 U.S.C. § 403(b); or
3. (3) Does not permit employee contributions.

Statutory/Other Authority

ORS 59.285

Statutes/Other Implemented

ORS 59.025

History

FSR 2-2017, f. 1-31-17, cert. ef. 2-1-17
FCS 1-2012, f. & cert. ef. 7-9-12
FCS 7-2000, f. & cert. ef. 6-2-00
FCS 4-1990, f. & cert. ef. 8-21-90
FCS 5-1988, f. 3-22-88, cert. ef. 2-25-88
FCS 3-1987(Temp), f. 9-24-87, cert. ef. 9-28-87, Renumbered from 815-030-0025
CC 2-1978, f. 6-5-78, cert. ef. 6-10-78, Renumbered from 815-010-0010
CC 3-1969, f. 10-2-69, cert. ef. 10-25-69