{"data":{"id":"us-or/ors-732.175","jurisdiction":"us-or","citation":"ORS 732.175","heading":"Liability for acting as corporate insurer without authority.","body":"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]\nCORPORATE PROCEDURES GENERALLY","path":["18 - Financial Institutions, Insurance","56. Insurance","Chapter 732 — Organization and Corporate Procedures of Domestic Insurers; Regulation of Insurers Generally"],"source_url":"https://www.oregonlegislature.gov/bills_laws/ors/ors732.html","current_through":"2025 Edition","vintage":"","retrieved_at":"2026-09-03T23:50:17Z","sha256":"05530538a5665b15656299bce28e845ce7750a693d4b89eb389d81e43099165a","source_id":"us-or","stale":false,"prev":"us-or/ors-732.165","next":"us-or/ors-732.205"},"notice":"GroundRules: Original legal text. Not legal advice."}