OAR 441-065-0140: Limitation on Selling Expenses

Edition: Current OARD snapshotEffective: 2018-05-01Last verified: 2026-09-07

(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.

Official history and status

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

This rule cites

Cited by

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