- (1) An exemption is granted pursuant to ORS 59.035(15) for any isolated issuer transaction not involving a public offering.
- (2) For purposes of this rule, an “isolated issuer transaction” shall include sales by or on behalf of an issuer to three or fewer persons during any 24-month period.
Statutory/Other Authority
ORS 59.035
Statutes/Other Implemented
ORS 59.035
History
FCS 2-1993, f. 4-13-93, cert. ef. 4-15-93