Or. Admin. Code § 836-028-0020

Current through Register Vol. 63, No. 12, December 1, 2024

Section 836-028-0020 - Use of Insurance Producers by Purchasing Groups

A purchasing group shall employ an insurance producer to procure insurance for its members in Oregon. Such an insurance producer:

(1) Must hold a current insurance producer's license issued by the Division of Financial Regulation, in order to transact insurance in Oregon; or

(2) Must hold a current surplus line licensee's license issued under the Oregon Surplus Lines Law, in order to place business with a surplus lines insurer.

Or. Admin. Code § 836-028-0020

ID 19-1988, f. & cert. ef. 12-6-88; ID 8-2005, f. 5-18-05, cert. ef. 8-1-05; ID 15-2024, minor correction filed 08/06/2024, effective 8/6/2024

Statutory/Other Authority: ORS 731, 735 & 746

Statutes/Other Implemented: ORS 735.350