Oregon § 731.833 Record keeping requirements for wet marine and transportation insurance contracts

Oregon Statutes

§ 731.833 — Record keeping requirements for wet marine and transportation insurance contracts

Oregon § 731.833

Vol.18

Title 56Insurance

Ch. 731Administration and General Provisions

This text of Oregon § 731.833 (Record keeping requirements for wet marine and transportation insurance contracts) 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. § 731.833 (2026).

Text

(1)Each producer of nonadmitted wet marine and transportation insurance shall keep a full and true record of each nonadmitted wet marine and transportation insurance contract placed on an Oregon home state risk. The record must include a copy of the policy, certificate, cover note or other evidence of insurance that the Director of the Department of Consumer and Business Services specifies by rule.

(2)A producer shall keep the record described in subsection (1) of this section open at all reasonable times to the director’s examination, without notice, for a period of not less than five years after termination of the nonadmitted wet marine and transportation insurance contract.

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(1) Each producer of nonadmitted wet marine and transportation insurance shall keep a full and true record of each nonadmitted wet marine and transportation insurance contract placed on an Oregon home state risk. The record must include a copy of the policy, certificate, cover note or other evidence of insurance that the Director of the Department of Consumer and Business Services specifies by rule.
(2) A producer shall keep the record described in subsection (1) of this section open at all reasonable times to the director’s examination, without notice, for a period of not less than five years after termination of the nonadmitted wet marine and transportation insurance contract.