- (1) All expenses of a SOAR or a SCOR Offering, including sales expenses, acquisition expenses, expenses for preparing the offering, and similar expenses shall be reasonable after taking into account the nature of the offering, amount to be raised and proposed use of funds.
- (2) The provisions of OAR 441-085-0010 shall apply to any registered SOAR or SCOR Offerings, except that sales expenses may not exceed “20%” of the aggregate offering amount.
Statutory/Other Authority
ORS 59.085
Statutes/Other Implemented
ORS 59.085, 59.065 & 59.105
History
FSR 5-2018, amend filed 04/26/2018, effective 05/01/2018
FCS 2-1998, f. & cert. ef. 4-30-98
FCS 4-1992, f. & cert. ef. 10-1-92
FCS 15-1988, f. & ef. 11-21-88, Renumbered from 815-036-0040
FCS 11-1988(Temp), f. & cert. ef. 6-2-88, Renumbered from 815-036-0040
CC 11-1982, f. 8-11-82, ef. 10-10-82
CC 9-1982(Temp), f. 4-7-82, ef. 4-15-82