Did not become law. It stopped in the Senate's Judiciary Committee on June 30, 2011. The 2011 session has ended.
2011 Regular Session
Senate Bill 495
Requires court or arbitrator to award reasonable attorney fees to prevailing plaintiff in action for fraud or based on untrue statement or omission of material fact in connection with sale or purchase of security.
What it does
The synopsis the Legislative Assembly published with the bill.
Requires court or arbitrator to award reasonable attorney fees to prevailing plaintiff in action for fraud or based on untrue statement or omission of material fact in connection with sale or purchase of security. Provides that condition, stipulation or provision that binds person to waive compliance with Oregon Securities Law or rule adopted or order issued under Oregon Securities Law is void. Permits Director of Department of Consumer and Business Services to recover costs and reasonable attorney fees in action for violation of Oregon Securities Law or rule adopted or order issued under Oregon Securities Law. Prohibits court from requiring director to post bond in connection with action.
Sponsors
Who carried the bill in each chamber, and who signed on. Each name leads to the member's page.
In the Senate
Sponsor
Its course
January 10 to June 30, 2011, on one scale. In the top row each mark is a day something happened; taller marks are busier days.
Each committee stop sits inside its chamber.
Every action4 actions on 4 days
In the SenateJan 10 to Jun 30 · stopped171 days
Waiting for a committeeJan 10 to Jan 188 days
JudiciaryJan 18 to Jun 30 · stopped163 days
Text
Each version as the Legislative Assembly printed it.
l9n doesn't hold this bill's text yet.
What happened
In l9n's words, one line for each step. Every action as the Legislative Assembly published it is below.
In the Senate Jan 10 – Jun 30
All 4 actions, as published
- Jan 10Introduction and first reading. Referred to President's desk.Senate
- Jan 18Referred to Judiciary.Senate
- Mar 15Public Hearing held.Senate
- Jun 30In committee upon adjournment.Senate