2015 ORS § 732.420¹
Equity security defined
  • rules

As used in ORS 732.220 (Exclusive agency contracts) and 732.420 (Equity security defined) to 732.455 (Rules), equity security means:

(1) Any stock or similar security;

(2) Any security convertible, with or without consideration, into such a security, or carrying any warrant or right to subscribe to or purchase such a security;

(3) Any such warrant or right; or

(4) Any other security which the Director of the Department of Consumer and Business Services shall consider to be of similar nature and consider necessary or appropriate, by such rules as the director may prescribe in the public interest or for the protection of investors, to treat as an equity security. [Formerly 738.710 [bad link]]