1. (1) “Officer”, as used in ORS Chapter 701 and these rules means:

   1. (a) A person described as an “officer” in ORS 701.005;
   2. (b) A partner in a partnership, or limited liability partnership;
   3. (c) A responsible managing individual described in ORS 701.091; or
   4. (d) A person who has a financial interest in a business and manages or shares in the management of the business; or
2. (2) “Officer”, as used in ORS Chapter 701 and these rules, includes an individual who has a financial interest in another business and who is an officer of that other business if that other business owns more than fifty percent of the particular business.

Statutory/Other Authority

ORS 670.310 & 701.235

Statutes/Other Implemented

ORS 701.091

History

CCB 9-2008, f. 6-11-08, cert. ef. 7-1-08
CCB 6-2006, f. 5-25-06, cert. ef. 6-1-06
CCB 7-2005, f. 12-7-05, cert. ef. 1-1-06