Oregon · Through 2025 Edition

ORS 732.175: Liability for acting as corporate insurer without authority.

Where this section sits in the code

18 - Financial Institutions, Insurance
56. Insurance
Chapter 732 — Organization and Corporate Procedures of Domestic Insurers; Regulation of Insurers Generally

Any person who assumes to act as a corporate insurer without a permit to organize and without the issuance of a certificate of incorporation by the Director of the Department of Consumer and Business Services or who assumes to transact insurance business without a certificate of authority to transact such business issued by the director shall be jointly and severally liable for all liabilities created while so acting. [1967 c.359 §163; 1981 c.633 §80; 1987 c.846 §5]

CORPORATE PROCEDURES GENERALLY

Collected 2026-09-03T23:50:17Z. Source file · JSON

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