Oregon § 735.418 Director authorized to enter into interstate compact for premium tax allocation

Oregon Statutes

§ 735.418 — Director authorized to enter into interstate compact for premium tax allocation

Oregon § 735.418

Vol.18

Title 56Insurance

Ch. 735Alternative Insurance

This text of Oregon § 735.418 (Director authorized to enter into interstate compact for premium tax allocation) 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. § 735.418 (2026).

Text

For purposes of carrying out the Nonadmitted and Reinsurance Reform Act of 2010 (P.L. 111-203, Title V, Subtitle B), after receiving express legislative approval, the Director of the Department of Consumer and Business Services is authorized to enter into a compact or to otherwise establish procedures with other states to allocate among the states the premium taxes paid to an insured’s home state.

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For purposes of carrying out the Nonadmitted and Reinsurance Reform Act of 2010 (P.L. 111-203, Title V, Subtitle B), after receiving express legislative approval, the Director of the Department of Consumer and Business Services is authorized to enter into a compact or to otherwise establish procedures with other states to allocate among the states the premium taxes paid to an insured’s home state.