Or. Admin. Code § 441-025-0125

Current through Register Vol. 63, No. 11, November 1, 2024

Section 441-025-0125 - Required Filings and Records

(1) At least 14 days before engaging in any limited advertising promoting membership shares, capital stock, or other authorized securities including notes and debentures, the renewable energy cooperative corporation shall file with the director:

(a) The written disclosures required under 441-025-0123;

(b) A generic sample of the written disclosure prepared to meet 441-025-0124; and

(c) If applicable, a written request to use the "enhanced community" standard under OAR 441-025-0120(b)(i). The request shall include identification of the geographical area to be included and the reason or basis of need for the use of the enhanced community.

(2) The renewable energy cooperative corporation shall retain a copy of each investor's signed and dated written or electronic disclosure documents developed to meet the requirements of 441-025-0123 and 441-025-0124 for no less than four years after the termination of the offering or after any notes mature.

(3) Filing with the director does not constitute approval or acceptance of the information disclosed.

Or. Admin. Code § 441-025-0125

FCS 6-2014, f. & cert. ef. 10-6-14

Stat. Auth.: ORS 59.025 & 2014 OL Ch. 69 §2 Stat. Implemented: ORS 59.025 & 2014 OL Ch. 69 §1