Oregon Administrative Rules
Chapter 441 - DEPARTMENT OF CONSUMER AND BUSINESS SERVICES, FINANCE AND SECURITIES REGULATION
Division 25 - SECURITIES EXEMPT FROM REGISTRATION
Section 441-025-0020 - Manual Exemption
Universal Citation: OR Admin Rules 441-025-0020
Current through Register Vol. 63, No. 9, September 1, 2024
Securities maintaining the following ratings by publishers of securities manuals are approved for the purpose of the exemption from registration in subsection (5) of ORS 59.025:
(1) Ratings of BBB or better for debt securities, and ratings of F-3 or better for commercial paper by Fitch Investors Service, Inc.
(2) Ratings of Baa or better for debt securities and ratings of P-3 or better for commercial paper by Moody's Investors Service.
Stat. Auth.: ORS 59.285
Stats. Implemented: ORS 59.025
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