Or. Admin. Code § 410-141-5315

Current through Register Vol. 64, No. 1, January 1, 2025

Section 410-141-5315 - CCO HOLDING COMPANY REGULATION: Disclaimer of Affiliation

(1) Any person, CCO or member of a CCO holding company system may file with the Authority a disclaimer of affiliation with any authorized CCO. The disclaimer must contain the following information:

(a) The number of authorized, issued and outstanding voting securities of the subject;

(b) With respect to the person whose control is denied and all affiliates of such person, the number and percentage of shares of the subject's voting securities which are held of record or known to be beneficially owned, and the number of shares concerning which there is a right to acquire, directly or indirectly.

(2) All material relationships and bases for affiliation between the subject and the person whose control is denied and all affiliates of such person.

(3) A disclaimer that the person, CCO or member of the CCO holding company system files under this section is effective unless within 30 days after the Authority receives a complete disclaimer the Authority notifies the person, the CCO or the member of the CCO holding company system that Authority has disallowed the disclaimer, unless tolled by agreement between the Authority and the disclaiming party.

(4) The Authority shall hold a contested case hearing upon written request for a hearing by the person, CCO or member of a CCO holding company system that filed the disclaimer. Such request must be filed within 15 business days from the date the Authority provides written notice it has disallowed the disclaimer. The provisions of ORS Chapter 183 govern the hearing procedures and any judicial review of a final order issued in a contested case hearing.

Or. Admin. Code § 410-141-5315

DMAP 60-2019, adopt filed 12/18/2019, effective 1/1/2020; DMAP 143-2024, amend filed 12/29/2024, effective 1/1/2025

Statutory/Other Authority: ORS 413.042, 414.572, 414.591 & 414.605

Statutes/Other Implemented: ORS 414.570-414.686 & 415.001-415.430