ORS § 734.230

Current through 2024 Regular Session legislation effective April 17, 2024
Section 734.230 - Deputies and assistants

In connection with supervising an insurer under the Insurance Code or conducting delinquency proceedings, the Director of the Department of Consumer and Business Services may appoint one or more special deputy directors to act for the director, and may employ such counsel, clerks, and assistants as the director deems necessary. Unless otherwise provided by the director, a person so appointed is not a state employee solely by reason of such appointment. The compensation of the special deputies, counsel, clerks or assistants and all expenses of supervising the insurer under the Insurance Code or taking possession of a delinquent insurer and conducting delinquency proceedings must be paid out of the funds or assets of the insurer. A special deputy acting within limits the director imposes with respect to supervising an insurer under the Insurance Code or conducting delinquency proceedings has a receiver's powers and is subject to a receiver's duties.

ORS 734.230

Amended by 2017 Ch. 479,§ 15, eff. 6/27/2017, op. 1/1/2018.
1967 c.359 §277