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Oregon · Through 2025 Edition

ORS 744.602: Definitions.

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Where this section sits in the code
  1. 18 - Financial Institutions, Insurance
  2. 56. Insurance
  3. Chapter 744 — Insurance Producers; Life Settlement Providers, Brokers and Contracts; Adjusters; Consultants; Third Party Administrators; Reinsurance Intermediaries; Limited Licenses

As used in ORS 744.602 to 744.665:

      (1) “Business entity” means a corporation, limited liability company, partnership, limited liability partnership, association or other legal entity that is incorporated, organized or authorized to engage in business in this state.

      (2) “Insurance consultant” means a person that meets the description in ORS 744.605 of a person that engages in business as an insurance consultant.

      (3) “Licensee” means a person that holds a valid and unexpired license to engage in business as an insurance consultant that the person obtained under ORS 744.614.

      (4) “Person” means an individual or a business entity.

      (5) “Resident” means a licensee that resides or maintains a principal place of business in this state.

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

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