GroundRules
← Search the law
Oregon · Through 2025 Edition

ORS 734.880: Stay of proceeding involving insolvent insurer.

Read at publisher ↗
Where this section sits in the code
  1. 18 - Financial Institutions, Insurance
  2. 56. Insurance
  3. Chapter 734 — Rehabilitation, Liquidation and Conservation of Insurers

All proceedings in which an insolvent insurer is a party in any court in this state shall be stayed 180 days from the date an order of liquidation, rehabilitation or conservation is final to permit proper legal action by the Oregon Life and Health Insurance Guaranty Association on any matters germane to its powers or duties. As to judgment under any decision, order, verdict or finding based on default the association may apply to have such judgment set aside by the same court that made the judgment, and shall be permitted to defend against such suit on the merits.

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

Browse this collection