OAR 441-025-0020: Manual Exemption

Edition: Current OARD snapshotEffective: 2017-02-01Last verified: 2026-09-07

Securities maintaining the following ratings by publishers of securities manuals are approved for the purpose of the exemption from registration in subsection (5) of ORS 59.025: (1) Ratings of BBB or better for debt securities, and ratings of F-3 or better for commercial paper by Fitch Investors Service, Inc. (2) Ratings of Baa or better for debt securities and ratings of P-3 or better for commercial paper by Moody's Investors Service.

Official history and status

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 9-2001, f. & cert. ef. 9-28-01 FCS 7-2000, f. & cert. ef. 6-2-00 FCS 4-1990, f. & cert. ef. 8-21-90, Renumbered from 815-030-0020 CC 1-1978, f. & cert. ef. 1-4-78, Renumbered from 815-030-0025 CC 13-1973, f. 9-19-73, cert. ef. 10-1-73

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Official source: https://secure.sos.state.or.us/oard/