ORS 744.870: Compensation, bonuses and incentives.
Where this section sits in the code
- 18 - Financial Institutions, Insurance
- 56. Insurance
- Chapter 744 — Insurance Producers; Life Settlement Providers, Brokers and Contracts; Adjusters; Consultants; Third Party Administrators; Reinsurance Intermediaries; Limited Licenses
ORS 744.860 to 744.870 do not prohibit:
(1) An insurer from paying, or a licensee from receiving, a commission, fee or other compensation for selling the insurer’s insurance; or
(2) A licensee or owner from paying an employee or agent of the licensee or owner a bonus, incentive payment or other compensation if the bonus, incentive payment or compensation does not depend on the employee’s or agent’s selling insurance.
Collected 2026-09-03T23:50:17Z. Source file · JSON