# ORS § 59.055: 59.055 Conditions of offer and sale of securities

> Oregon · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_OR_T7_C59_S59.055

## Section

- **Citation:** ORS § 59.055
- **Heading:** 59.055 Conditions of offer and sale of securities
- **Jurisdiction:** Oregon
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** OR Code / Title 7 / Chapter 59 / Section 59.055

## Text

It is unlawful for any person to offer or sell any security in this state, unless:

(1) The security is registered and the offer or sale is not in violation of any rule or order of the Director of the Department of Consumer and Business Services or any condition, limitation or restriction imposed by the director upon such registration;

(2) The security is exempt under ORS 59.025 (Securities exempt from registration) or the sale is exempt under ORS 59.035 (Transactions exempt from registration) ; or

(3) The security is a federal covered security for which a notice has been filed and fees have been paid under ORS 59.049 (Federal covered securities exempt from registration) . [1967 c.537 §7; 1997 c.772 §4]

Source: Section 59.055 — Conditions of offer and sale of securities , https://www.­oregonlegislature.­gov/bills_laws/ors/ors059.­html (accessed May 26, 2025).

## Nearby sections

- [ORS § 59.005 59.005 Short title](https://www.frixlaw.com/law-library/statutes/STATE_OR_T7_C59_S59.005.md)
- [ORS § 59.015 59.015 Definitions for Oregon Securities Law](https://www.frixlaw.com/law-library/statutes/STATE_OR_T7_C59_S59.015.md)
- [ORS § 59.025 59.025 Securities exempt from registration](https://www.frixlaw.com/law-library/statutes/STATE_OR_T7_C59_S59.025.md)
- [ORS § 59.035 59.035 Transactions exempt from registration](https://www.frixlaw.com/law-library/statutes/STATE_OR_T7_C59_S59.035.md)
- [ORS § 59.045 59.045 Authority of director to deny, withdraw or condition exemptions](https://www.frixlaw.com/law-library/statutes/STATE_OR_T7_C59_S59.045.md)
- [ORS § 59.049 59.049 Federal covered securities exempt from registration](https://www.frixlaw.com/law-library/statutes/STATE_OR_T7_C59_S59.049.md)
- [ORS § 59.051 59.051 Statutory references to federal law](https://www.frixlaw.com/law-library/statutes/STATE_OR_T7_C59_S59.051.md)
- [ORS § 59.055 59.055 Conditions of offer and sale of securities](https://www.frixlaw.com/law-library/statutes/STATE_OR_T7_C59_S59.055.md)
- [ORS § 59.065 59.065 Registration procedures](https://www.frixlaw.com/law-library/statutes/STATE_OR_T7_C59_S59.065.md)
- [ORS § 59.070 59.070 Amended registration application](https://www.frixlaw.com/law-library/statutes/STATE_OR_T7_C59_S59.070.md)
- [ORS § 59.075 59.075 Registration by director](https://www.frixlaw.com/law-library/statutes/STATE_OR_T7_C59_S59.075.md)
- [ORS § 59.085 59.085 Conditions imposed on registration](https://www.frixlaw.com/law-library/statutes/STATE_OR_T7_C59_S59.085.md)
- [ORS § 59.095 59.095 Approval of plan to issue securities in exchange for other securities, claims or property](https://www.frixlaw.com/law-library/statutes/STATE_OR_T7_C59_S59.095.md)
- [ORS § 59.105 59.105 Denial, suspension or revocation of registration](https://www.frixlaw.com/law-library/statutes/STATE_OR_T7_C59_S59.105.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_OR_T7_C59_S59.055. Check the current official text before relying on it. Not legal advice.