Oregon § 734.600 Contents of plan of operation

Oregon Statutes

§ 734.600 — Contents of plan of operation

Oregon § 734.600

Vol.18

Title 56Insurance

Ch. 734Rehabilitation, Liquidation and Conservation of Insurers

This text of Oregon § 734.600 (Contents of plan of operation) 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. § 734.600 (2026).

Text

A plan of operation shall:

(1)Establish procedures for the submission, processing and payment of claims against the Oregon Insurance Guaranty Association.

(2)Establish procedures for record keeping, payment of expenses and administration of all other financial affairs of the association.

(3)Establish times and places for meetings of the board.

(4)Establish procedures for selection of the board of directors and for approval of that selection by the Director of the Department of Consumer and Business Services.

(5)Establish a procedure for appeal by a member insurer to the director of final actions or decisions of the association.

(6)Establish such other procedures as may be necessary or proper to carry out the duties and powers of the association.

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A plan of operation shall:
(1) Establish procedures for the submission, processing and payment of claims against the Oregon Insurance Guaranty Association.
(2) Establish procedures for record keeping, payment of expenses and administration of all other financial affairs of the association.
(3) Establish times and places for meetings of the board.
(4) Establish procedures for selection of the board of directors and for approval of that selection by the Director of the Department of Consumer and Business Services.
(5) Establish a procedure for appeal by a member insurer to the director of final actions or decisions of the association.
(6) Establish such other procedures as may be necessary or proper to carry out the duties and powers of the association.