Oregon § 731.304 Investigation of persons transacting insurance

Oregon Statutes

§ 731.304 — Investigation of persons transacting insurance

Oregon § 731.304

Vol.18

Title 56Insurance

Ch. 731Administration and General Provisions

This text of Oregon § 731.304 (Investigation of persons transacting insurance) 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. § 731.304 (2026).

Text

The Director of the Department of Consumer and Business Services, whenever the director deems it advisable in the interest of policyholders or for the public good, shall investigate into the affairs of any person engaged in, proposing to engage in or claiming or advertising to engage in:

(1)Transacting insurance in this state;

(2)Organizing or receiving subscriptions for or disposing of the stock of or in any manner taking part in the formation or business of an insurer; or

(3)Holding capital stock of one or more insurers for the purpose of controlling the management thereof as voting trustee or otherwise.

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The Director of the Department of Consumer and Business Services, whenever the director deems it advisable in the interest of policyholders or for the public good, shall investigate into the affairs of any person engaged in, proposing to engage in or claiming or advertising to engage in:
(1) Transacting insurance in this state;
(2) Organizing or receiving subscriptions for or disposing of the stock of or in any manner taking part in the formation or business of an insurer; or
(3) Holding capital stock of one or more insurers for the purpose of controlling the management thereof as voting trustee or otherwise.