Wednesday, February 23, 2011

Oregon Permanently Adopts Dodd-Frank Accredited Investor Definition Exclusion for Primary Residence

Oregon's temporary effective exclusion of an investor's primary residence from the $1 million net worth calculation in the State's accredited investor definition was permanently adopted on February 15, 2011. This amendment to Oregon's accredited investor definition adopts the Dodd-Frank Act's modification to the federal accredited investor definition.

For more information please see subsection (5) of Rule 441-035-0010 at http://arcweb.sos.state.or.us/rules/OARS_400/OAR_441/441_035.html

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