296 sections in this chapter.
ORS 744.001 [1989 c.701 §§13,81g; 2001 c.191 §26; 2003 c.364 §117; 2007 c.71 §241; repealed by 2019 c.151 §46]
0.0K chars
[Repealed or reserved.]
ORS 744.002 [1989 c.701 §§2,81e; 1995 c.639 §3; 2001 c.191 §27; repealed by 2019 c.151 §46]
0.0K chars
[Repealed or reserved.]
ORS 744.003 [1989 c.701 §3; 2001 c.191 §28; repealed by 2019 c.151 §46]
0.0K chars
[Repealed or reserved.]
ORS 744.004 [1989 c.701 §4; repealed by 2019 c.151 §46]
0.0K chars
[Repealed or reserved.]
ORS 744.005 [1967 c.359 §525; repealed by 1989 c.701 §81]
0.0K chars
[Repealed or reserved.]
ORS 744.007 [1989 c.701 §§5,81f; repealed by 2019 c.151 §46]
0.0K chars
[Repealed or reserved.]
ORS 744.008 [1989 c.701 §§14,81h; 1991 c.810 §2; 2001 c.191 §29; repealed by 2019 c.151 §46]
0.0K chars
[Repealed or reserved.]
ORS 744.009 [1989 c.701 §6; 2001 c.191 §30; repealed by 2019 c.151 §46]
0.0K chars
[Repealed or reserved.]
ORS 744.010 [Repealed by 1967 c.359 §704]
0.0K chars
[Repealed or reserved.]
ORS 744.011 [1989 c.701 §11; 1991 c.810 §3; 2001 c.191 §42; repealed by 2019 c.151 §46]
0.0K chars
[Repealed or reserved.]
ORS 744.012 [1979 c.501 §1; 1989 c.701 §41; renumbered 744.240 in 1989]
0.0K chars
[Repealed or reserved.]
ORS 744.013 [Formerly 744.255; 1991 c.810 §4; 1993 c.447 §84; 2001 c.191 §31; 2003 c.364 §118; 2003 c.576 §258; repealed by 2019 c.151 §46]
0.0K chars
[Repealed or reserved.]
ORS 744.014 [Formerly 744.260; 2001 c.191 §32; repealed by 2019 c.151 §46]
0.0K chars
[Repealed or reserved.]
ORS 744.015 [1967 c.359 §526; 1989 c.701 §22; renumbered 744.054 in 1989]
0.0K chars
[Repealed or reserved.]
ORS 744.016 [Formerly 744.265; repealed by 2001 c.191 §61]
0.0K chars
[Repealed or reserved.]
ORS 744.017 [1971 c.231 §8; 1989 c.701 §42; renumbered 744.245 in 1989]
0.0K chars
[Repealed or reserved.]
ORS 744.018 [1989 c.701 §12; 2001 c.191 §43; repealed by 2019 c.151 §46]
0.0K chars
[Repealed or reserved.]
ORS 744.020 [Repealed by 1967 c.359 §704]
0.0K chars
[Repealed or reserved.]
ORS 744.022 [1989 c.701 §15; 2001 c.191 §33; repealed by 2019 c.151 §46]
0.0K chars
[Repealed or reserved.]
ORS 744.024 [1989 c.701 §16; 2001 c.191 §34; repealed by 2019 c.151 §46]
0.0K chars
[Repealed or reserved.]
ORS 744.025 [1967 c.359 §527; 1971 c.385 §6; 1979 c.501 §3; 1979 c.829 §9a; 1981 c.247 §18; 1983 c.464 §1; 1985 c.762 §188; 1989 c.701 §23; renumbered 744.057 in 1989]
0.0K chars
[Repealed or reserved.]
ORS 744.026 [1989 c.701 §17; 1995 c.639 §4; 2001 c.191 §35; repealed by 2019 c.151 §46]
0.0K chars
[Repealed or reserved.]
ORS 744.028 [1989 c.701 §18; 2001 c.191 §36; repealed by 2019 c.151 §46]
0.0K chars
[Repealed or reserved.]
ORS 744.030 [Amended by 1965 c.610 §12; repealed by 1967 c.359 §704]
0.0K chars
[Repealed or reserved.]
ORS 744.031 [1989 c.701 §19; 2001 c.191 §37; repealed by 2019 c.151 §46]
0.0K chars
[Repealed or reserved.]
ORS 744.033 [1989 c.701 §20; 2001 c.191 §38; repealed by 2019 c.151 §46]
0.0K chars
[Repealed or reserved.]
ORS 744.035 [1967 c.359 §528; 1985 c.697 §18; repealed by 1989 c.701 §81]
0.0K chars
[Repealed or reserved.]
ORS 744.037 [1989 c.701 §7; 2001 c.191 §44; repealed by 2019 c.151 §46]
0.0K chars
[Repealed or reserved.]
ORS 744.039 [1991 c.810 §22; 2001 c.191 §23; renumbered 744.077 in 2001]
0.0K chars
[Repealed or reserved.]
ORS 744.040 [Repealed by 1967 c.359 §704]
0.0K chars
[Repealed or reserved.]
ORS 744.045 [1967 c.359 §529; 1983 c.76 §2; 1987 c.916 §8; 1989 c.331 §33; 1989 c.701 §25; renumbered 744.066 in 1989]
0.0K chars
[Repealed or reserved.]
ORS 744.050 [Repealed by 1953 c.93 §2]
0.0K chars
[Repealed or reserved.]
ORS 744.051 [1989 c.701 §21; 1991 c.810 §5; repealed by 2001 c.191 §61]
0.0K chars
INSURANCE PRODUCERS
ORS 744.052 Definitions for ORS 744.052 to 744.089. As used in ORS 744.052 to 744.089
2.3K chars
(1) “Business entity” has the meaning given that term in ORS 731.116. (2) “Home state” means any state, district or territory of the United States, in which an insurance producer maintains the insurance producer’s principal place of residence or principal place of business and is…
ORS 744.053 Requirements to be licensed as insurance producer for class of insurance. A person may not sell, solicit or negotiate insurance in this state for any class or classes of insurance unless the person is licensed as an insurance producer for that class or those classes in accordance with ORS 744.052 to 744.089. [2001 c.191 §3; 2003 c.364 §3]
0.0K chars
[Repealed or reserved.]
ORS 744.054 [Formerly 744.015; 1991 c.810 §6; repealed by 2001 c.191 §61]
0.0K chars
[Repealed or reserved.]
ORS 744.055 [1967 c.359 §530; 1971 c.231 §27; 1987 c.222 §1; 1989 c.701 §27; renumbered 744.071 in 1989]
0.0K chars
[Repealed or reserved.]
ORS 744.056 Exemptions from insurance producer licensing requirements. (1) ORS 744.052 to 744.089 do not require an insurer to obtain a license as an insurance producer as required by ORS 744.053. For purposes of this section, the term “insurer” does not include an insurer’s officers, directors, employees, subsidiaries or affiliates
6.6K chars
(2) A license as an insurance producer is not required of any of the following: (a) An officer, director or employee of an insurer or an insurance producer, if the officer, director or employee does not receive any commission on or fee for policies written or sold to insure risks…
ORS 744.057 [Formerly 744.025; 1997 c.631 §547; 1999 c.59 §227; repealed by 2001 c.191 §61]
0.0K chars
[Repealed or reserved.]
ORS 744.058 Written examination; fees; rules. (1) An individual applying for a resident insurance producer license must pass a written examination unless the individual is exempt from the prelicensing education and examination requirement as provided in ORS 744.067. The examination must test the knowledge of the individual concerning the class or classes of insurance for which application is made, the duties and responsibilities of an insurance producer and the insurance statutes and rules of this state. Except as provided in subsection (2) of this section, the examination required by this section shall be developed and conducted by the Director of the Department of Consumer and Business Services. An individual may apply for a resident insurance producer license only if the individual has established in this state a residence or a place of business for acting as an insurance producer
0.5K chars
(2) The director may make arrangements, including contracting with a private testing service, for developing and administering the examination and collecting applicable fees. (3) Each individual applying to take an examination shall pay fees as established by the director. (4) An…
ORS 744.059 Qualifications for license; use of uniform application. (1) An individual applying for a resident insurance producer license shall apply to the Director of the Department of Consumer and Business Services on the Uniform Application and shall declare that the statements made in the application are true, correct and complete to the best of the individual’s knowledge and belief. Before approving the application, the director must find that the individual
1.3K chars
(a) Is at least 18 years of age; (b) Has not committed an act that is a ground for action on a license set forth in ORS 744.074; (c) When required by the director, has completed a prelicensing course of study for the lines of authority for which the person has applied; (d) Has pa…
ORS 744.060 [Repealed by 1953 c.93 §2]
0.0K chars
[Repealed or reserved.]
ORS 744.061 Banking institution as insurance producer. (1) The Insurance Code does not limit or prohibit the licensing of a banking institution, as defined in ORS 706.008, as an insurance producer to transact one or more of the classes of insurance described in ORS 744.062, except for title insurance
0.5K chars
(2) The Insurance Code does not limit or prohibit the licensing, as an insurance producer to transact one or more of the classes of insurance described in ORS 744.062, of any of the following: (a) A corporation owned in whole or in part by a banking institution under ORS 708A.120…
ORS 744.062 Issuance of insurance producer license; rules. (1) Unless the Director of the Department of Consumer and Business Services refuses to issue or renew a license pursuant to ORS 744.074, a person who has met the requirements of ORS 744.058 and 744.059, or ORS 744.063, shall be issued an insurance producer license. An insurance producer may receive qualification for a license in one or more of the following classes of insurance
1.7K chars
(a) Life insurance as defined in ORS 731.170. (b) Health insurance as defined in ORS 731.162. (c) Property insurance as defined in ORS 731.182. (d) Casualty insurance as defined in ORS 731.158. (e) Variable life insurance, including variable annuities. (f) Property and casualty i…
ORS 744.063 Nonresident insurance producer license; fee. (1) Unless the Director of the Department of Consumer and Business Services refuses to issue or renew a license pursuant to ORS 744.074, a nonresident person shall receive a nonresident insurance producer license if
2.8K chars
(a) The person is currently licensed as a resident insurance producer and is in good standing in the person’s home state; (b) The person has submitted the proper request for a nonresident insurance producer license and has paid the applicable fees; (c) The person has submitted or…
ORS 744.064 Persons licensed elsewhere. (1) Unless denied a license pursuant to ORS 744.074, a person who is currently licensed as a resident insurance producer in a Canadian province, in Mexico or in a state that does not grant nonresident insurance producer licenses to residents of this state on the same basis that this state grants nonresident insurance producer licenses under ORS 744.063 shall receive a nonresident insurance producer license if
4.4K chars
(a) The Director of the Department of Consumer and Business Services determines that the insurance regulator in the person’s place of residence grants nonresident insurance producer licenses to residents of this state on the same basis that the director grants nonresident insuran…
ORS 744.065 [1967 c.359 §531; 1969 c.336 §14; 1973 c.89 §1; 1983 c.76 §3; 1989 c.413 §10; repealed by 1989 c.701 §81]
0.0K chars
[Repealed or reserved.]
ORS 744.066 [Formerly 744.045; repealed by 2001 c.191 §61]
0.0K chars
[Repealed or reserved.]
ORS 744.067 Exemptions from prelicensing education or examination requirement. (1) An individual who applies for a resident insurance producer license in this state who is or was previously licensed as an insurance producer for the same lines of authority in another state is not required to complete any prelicensing education or examination. The exemption under this subsection is available only if the individual is currently licensed in the other state or if the application is received by the Director of the Department of Consumer and Business Services not later than the 90th day after the applicant’s previous license was terminated and if the other state issues a certification that, at the time of termination, the applicant was in good standing in that state or the state’s Producer Database maintained by the National Association of Insurance Commissioners, its affiliates or subsidiaries indicate that the applicant is or was licensed in good standing for the class of insurance requested
2.3K chars
(2) A person licensed as an insurance producer in another state who moves to this state must apply for a resident insurance producer license not later than the 90th day after the date on which the person established legal residence in order to qualify for a resident insurance pro…
ORS 744.068 Required notifications; maintenance of usual and customary records; rules. (1) An insurance producer shall notify the Director of the Department of Consumer and Business Services prior to transacting business under the insurance producer license under any name other than the insurance producer’s legal name and prior to changing, deleting or adding an assumed business name in connection with the insurance producer’s business under the insurance producer license
2.3K chars
(2) A resident insurance producer shall keep at the principal place of business of the insurance producer the usual and customary records pertaining to the business under the resident insurance producer license. All such records shall be kept available and open to the inspection …