Oregon Revised Statutes Chapter 59 § 59.345 — When
Oregon Revised Statutes Chapter 59 ·
Oregon Code § 59.345·Enacted ·Last updated March 01, 2026
Statute Text
When
offer to sell or buy is made in this state.
(1) For the purpose of ORS 59.335, 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).
(2)(a) For the
purpose of ORS 59.335, an offer to buy or to sell is accepted in this state
when acceptance:
(A) Is
communicated to the offeror in this state; and
(B) 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)]
Plain English Explanation
This Oregon statute addresses When
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Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 59.345
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses When
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