Oregon § 731.406 What certificate evidences; ownership of certificate

Oregon Statutes

§ 731.406 — What certificate evidences; ownership of certificate

Oregon § 731.406

Vol.18

Title 56Insurance

Ch. 731Administration and General Provisions

This text of Oregon § 731.406 (What certificate evidences; ownership of certificate) 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. § 731.406 (2026).

Text

(1)An insurer’s subsisting certificate of authority is evidence of its authority to transact in this state the class or classes of insurance specified therein, either as direct insurer or as reinsurer or as both.

(2)Although issued to the insurer the certificate of authority is at all times the property of this state. Upon any suspension, revocation or termination thereof the insurer promptly shall deliver the certificate of authority to the Director of the Department of Consumer and Business Services.

Free access — add to your briefcase to read the full text and ask questions with AI

(1) An insurer’s subsisting certificate of authority is evidence of its authority to transact in this state the class or classes of insurance specified therein, either as direct insurer or as reinsurer or as both.
(2) Although issued to the insurer the certificate of authority is at all times the property of this state. Upon any suspension, revocation or termination thereof the insurer promptly shall deliver the certificate of authority to the Director of the Department of Consumer and Business Services.