2021 Oregon Revised Statutes
Chapter 059 - Securities Regulation
Section 59.345 - When offer to sell or buy is made in this state.


(a) Originates from this state; or
(b) Is directed by the offeror to this state and received at the place to which it is directed (or at any post office in this state in the case of a mailed offer).
(2)(a) For the purpose of ORS 59.335, an offer to buy or to sell is accepted in this state when acceptance:
(A) Is communicated to the offeror in this state; and
(B) Has not previously been communicated to the offeror, orally or in writing, outside this state.
(b) Acceptance is communicated to the offeror in this state, whether or not either party is then present in this state, when the offeree directs it to the offeror in this state reasonably believing the offeror to be in this state and it is received at the place to which it is directed (or at any post office in this state in the case of a mailed acceptance).
(3) An offer to sell or to buy is not made in this state solely because:
(a) A publisher circulates or there is circulated on behalf of the publisher in this state any bona fide newspaper or other publication of general, regular, and paid circulation that is not published in this state, or that is published in this state but has had more than two-thirds of its circulation outside this state during the past 12 months; or
(b) A radio or television program originating outside this state is received in this state. [1967 c.537 §31(3),(4),(5)]

Structure 2021 Oregon Revised Statutes

2021 Oregon Revised Statutes

Volume : 02 - Business Organizations, Commercial Code

Chapter 059 - Securities Regulation

Section 59.015 - Definitions for Oregon Securities Law.

Section 59.025 - Securities exempt from registration.

Section 59.035 - Transactions exempt from registration.

Section 59.045 - Authority of director to deny, withdraw or condition exemptions.

Section 59.049 - Federal covered securities exempt from registration; notice filings; fees; rules.

Section 59.055 - Conditions of offer and sale of securities.

Section 59.065 - Registration procedures; application; fees; rules.

Section 59.070 - Amended registration application; when required; fees.

Section 59.075 - Registration by director; expiration; renewal; fee; rules.

Section 59.085 - Conditions imposed on registration.

Section 59.095 - Approval of plan to issue securities in exchange for other securities, claims or property.

Section 59.105 - Denial, suspension or revocation of registration.

Section 59.115 - Liability in connection with sale or successful solicitation of sale of securities; recovery by purchaser; limitations on proceeding; attorney fees.

Section 59.125 - Effect of notice of offer to repay purchaser; exceptions; registration of transaction.

Section 59.127 - Liability in connection with purchase or successful solicitation of purchase of securities; recovery by seller; limitations on proceeding; attorney fees.

Section 59.131 - Effect of notice of intent to return unlawfully purchased security; contents of notice; registration of transaction.

Section 59.135 - Fraud and deceit with respect to securities or securities business.

Section 59.137 - Liability in connection with violation of ORS 59.135; damages; defense; attorney fees; limitations on proceeding.

Section 59.145 - Effect of notice filing, registration or license.

Section 59.155 - Director is agent for service of process; manner of service; exceptions.

Section 59.165 - Licensing of broker-dealers, investment advisers and salespersons required; rules.

Section 59.175 - Procedures for notice filing and licensing; rules; examination; bond, letter of credit or other security; insurance; filing trade name or assumed business name; fees.

Section 59.185 - Expiration of license; rules for renewal; change in personnel.

Section 59.195 - Licensees to keep records; inspection; filing of financial reports.

Section 59.205 - Grounds for denying, suspending, revoking or imposing condition or restriction on license.

Section 59.215 - Action against applicant or licensee for act or omission of associate; exceptions.

Section 59.225 - Cancellation of license or application; application for withdrawal; effect of suspension or revocation.

Section 59.245 - Investigations; publicity with respect to violations; cease and desist order.

Section 59.255 - Enjoining violations; fine; appointment of receiver; attorney fees; damages to private parties.

Section 59.265 - Procedure when assets or capital of broker-dealer or investment adviser found impaired; involuntary liquidation.

Section 59.285 - Rules; financial statements.

Section 59.295 - Notice of orders; hearings on orders.

Section 59.305 - Judicial review of orders.

Section 59.315 - Oaths and subpoenas in proceedings before director.

Section 59.325 - Certified copies of documents; fee; effect of certification.

Section 59.331 - Scope of Attorney General powers; consent of director; powers of circuit court; damages, restitution, disgorgement and other penalties.

Section 59.335 - Application of certain sections.

Section 59.345 - When offer to sell or buy is made in this state.

Section 59.350 - Treatment of certain transactions.

Section 59.355 - Corporations subject to other laws.

Section 59.370 - Limitation on liability for good faith act or omission; reports regarding salespersons or investment adviser representatives; limitation on liability related to reports; rules.

Section 59.480 - Definitions for ORS 59.480 to 59.505.

Section 59.485 - Required reporting by certain securities professionals of suspected financial exploitation.

Section 59.490 - Notifications to third parties.

Section 59.495 - Delay of disbursements; notifications.

Section 59.500 - Limitation on liability.

Section 59.505 - Provision of records to law enforcement and certain state agencies.

Section 59.535 - Definitions for ORS 59.535 to 59.585.

Section 59.570 - Protection of registering entity.

Section 59.575 - Nontestamentary transfer on death.

Section 59.580 - Terms, conditions and forms for registration.

Section 59.585 - Short title; rules of construction.

Section 59.710 - Definitions for ORS 59.710 to 59.830.

Section 59.730 - Making contract involving securities without intending a bona fide sale or purchase.

Section 59.780 - Broker’s trading against customer’s order; violation of ORS 59.780 to 59.800 by member of broker’s firm.

Section 59.800 - Pledge or sale by broker-dealer of customer’s securities.

Section 59.820 - Actions against corporation for second violation.

Section 59.991 - Criminal penalties for ORS 59.005 to 59.505 and 59.710 to 59.830; exceptions.

Section 59.995 - Civil penalties for ORS 59.005 to 59.505 and 59.710 to 59.830; exceptions.