For the purpose of ORS 59.335 (Application of certain sections), an offer to sell or to buy is made in this state, whether or not either party is then present in this state, when the offer:
(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).
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)]