{"data":{"id":"us-or/ors-731.450","jurisdiction":"us-or","citation":"ORS 731.450","heading":"Unrelated business prohibited; exceptions; title insurer as escrow agent.","body":"Except as authorized by the federal Gramm-Leach-Bliley Act (P.L. 106-102), an insurer may not engage in any business except the making of insurance or a kind of business related to the insurance business. However, a foreign or alien insurer may engage, outside this state, in any business permitted by its articles of incorporation and the laws of the state of its domicile; and a title insurer also may engage in business as an escrow agent; provided, however, that a title insurer engaging in business as an escrow agent shall be subject to the provisions of ORS 696.505 to 696.590 in respect to its escrow activities.","path":["18 - Financial Institutions, Insurance","56. Insurance","Chapter 731 — Administration and General Provisions"],"source_url":"https://www.oregonlegislature.gov/bills_laws/ors/ors731.html","current_through":"2025 Edition","vintage":"","retrieved_at":"2026-09-03T23:50:17Z","sha256":"a54efcceab28484b5a1e319606c44331aec9f76ea52ae3720b8f51cf835b62b0","source_id":"us-or","stale":false,"prev":"us-or/ors-731.446","next":"us-or/ors-731.454"},"notice":"GroundRules: Original legal text. Not legal advice."}