Or. Admin. Code § 836-075-0060
Current through Register Vol. 63, No. 12, December 1, 2024
Section 836-075-0060 - ERISA Exemption Registration(1) A person who is required by ORS 744.714 to register with the Director annually, verifying the person's status as qualifying under ORS 744.704(1)(L) for the exemption from the licensing requirement for third party administrators in ORS 744.702 and from all other provisions of 744.700 to 744.740, shall register with the Director annually. In the registration, the person shall certify that the person qualifies for the exemption because of the person's status and shall inform the Director: (a) Of the person's name, business address, mailing address if different from the business address, and telephone number; and(b) Whether the person is acting solely as an administrator of one or more single employers, union-bargaining (Taft-Hartley) plans, rural electric cooperatives or other bona fide employer benefit plans established by an employer or an employee organization, or both, for which the Insurance Code is preempted pursuant to the Employee Retirement Income Security Act of 1974.(2) If the Director determines that a person does not qualify for the exemption under ORS 744.704(1)(L), the person must obtain the license required under ORS 744.702 in order to transact business as a third party administrator.Or. Admin. Code § 836-075-0060
ID 1-1992, f. & cert. ef. 1-27-92Publications: The publication(s) referred to or incorporated by reference in this rule are available from the agency.
Stat. Auth.: ORS 731.244, ORS 744.303, ORS 744.635, ORS 744.704, ORS 744.706, ORS 744.712 & ORS 744.726
Stats. Implemented: ORS 744.704(1)(l) & ORS 744.714