OAR 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 (Disclosures Required Related to the Sale of Membership Shares in Renewable Energy Cooperative Corporations);(b)
A generic sample of the written disclosure prepared to meet 441-025-0124 (Disclosures Related to Renewable Energy Cooperative Corporation Projects); and(c)
If applicable, a written request to use the “enhanced community” standard under OAR 441-025-0120 (Definitions)(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 (Disclosures Required Related to the Sale of Membership Shares in Renewable Energy Cooperative Corporations) and 441-025-0124 (Disclosures Related to Renewable Energy Cooperative Corporation Projects) 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.
Source:
Rule 441-025-0125 — Required Filings and Records, https://secure.sos.state.or.us/oard/view.action?ruleNumber=441-025-0125.