Oregon § 278.415 Department authorization of agency insurance purchases; exceptions

Oregon Statutes

§ 278.415 — Department authorization of agency insurance purchases; exceptions

Oregon § 278.415

Vol.7

Title 26Public Facilities, Contracting and Insurance

Ch.278

This text of Oregon § 278.415 (Department authorization of agency insurance purchases; exceptions) is published on Counsel Stack Legal Research, covering Oregon primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Or. Rev. Stat. § 278.415 (2026).

Text

(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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(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.