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Oregon Revised Statutes Public Facilities, Contracting and Insurance § 278.415

Current as of January 01, 2023 | Updated by Findlaw Staff

(1) A state agency may not purchase insurance except as authorized by the Oregon Department of Administrative Services and in accordance with the terms, conditions and procurement methods as may be established by the department, except for the transaction of workers' compensation insurance and reinsurance business by the State Accident Insurance Fund Corporation.

(2) This section does not apply to:

(a) Professional liability insurance acquired under ORS 9.080 (2);

(b) Insurance for employee benefits; or

(c) Loan cancellation life insurance procured by the Department of Veterans' Affairs under ORS 407.465.

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Cite this article: FindLaw.com - Oregon Revised Statutes Public Facilities, Contracting and Insurance § 278.415 - last updated January 01, 2023 | https://codes.findlaw.com/or/title-26-public-facilities-contracting-and-insurance/or-rev-st-sect-278-415/

FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.

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