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Oregon Revised Statutes Insurance § 744.061

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

(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.

(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, 716.588 or 716.594.

(b) A corporation owned in whole or in part by a financial holding company or a bank holding company, as defined in ORS 706.008.

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Cite this article: FindLaw.com - Oregon Revised Statutes Insurance § 744.061 - last updated January 01, 2023 | https://codes.findlaw.com/or/title-56-insurance/or-rev-st-sect-744-061/

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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