Oregon § 732.205 General powers of insurers

Oregon Statutes

§ 732.205 — General powers of insurers

Oregon § 732.205

Vol.18

Title 56Insurance

Ch. 732Organization and Corporate Procedures of Domestic Insurers; Regulation of

This text of Oregon § 732.205 (General powers of insurers) 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. § 732.205 (2026).

Text

Except as otherwise provided in the Insurance Code or the articles of incorporation of an insurer, a domestic insurer shall have:

(1)The general and emergency powers granted to corporations by ORS 60.077 and 60.081;

(2)The powers granted to insurers by the Insurance Code; and

(3)All powers necessary or convenient to effect any or all of the purposes for which the corporation is organized or to perform any or all of the acts expressly or impliedly authorized or required under the Insurance Code.

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Except as otherwise provided in the Insurance Code or the articles of incorporation of an insurer, a domestic insurer shall have:
(1) The general and emergency powers granted to corporations by ORS 60.077 and 60.081;
(2) The powers granted to insurers by the Insurance Code; and
(3) All powers necessary or convenient to effect any or all of the purposes for which the corporation is organized or to perform any or all of the acts expressly or impliedly authorized or required under the Insurance Code.