Oregon Statutes
§ 742.462 — Insurer’s right to settle claims
Oregon § 742.462
JurisdictionOregon
Vol.18
Title 56Insurance
Ch. 742Insurance Policies Generally; Property and Casualty Policies
This text of Oregon § 742.462 (Insurer’s right to settle claims) 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. § 742.462 (2026).
Text
The insurer shall have the right to settle any claim covered by the policy, and if such settlement is made in good faith, the amount thereof shall be deductible from the limits of liability specified in respect to a motor vehicle liability insurance policy.
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Legislative History
Formerly 486.564 and then 743.784
Nearby Sections
15
§ 742.007
Director’s withdrawal of approval§ 742.009
Regulation of sales material; rules§ 742.010
§ 742.010§ 742.011
Insurable interest in property§ 742.013
Representations in applications§ 742.015
§ 742.015§ 742.020
§ 742.020§ 742.021
Standard provisions in generalCite This Page — Counsel Stack
Bluebook (online)
Oregon § 742.462, Counsel Stack Legal Research, https://law.counselstack.com/statute/or/742.462.