OAR 836-024-0041: False or Misleading Statements

A proxy statement, form of proxy, notice of meeting, information statement, and any other communication, written or oral, that is subject to OAR 836-024-0003 to 836-024-0055 may not contain any statement that: (1) At the time and in the light of the circumstances under which it is made, is false or misleading with respect to any material fact; or (2) Omits any material fact that is necessary in order to make the statements in the communication not false or misleading, or that is necessary to correct any statement in an earlier communication with respect to the same meeting or subject matter that has become false or misleading.