ORS § 742.368

Current through 2024 Regular Session legislation effective June 6, 2024
Section 742.368 - Surety insurer may not deny power to execute bond; construction of policies

A surety insurer executing any bond or undertaking under the provisions of the Insurance Code is estopped in any proceeding, to deny its corporate power to execute such bond or undertaking or to assume such liability, and all such bonds or undertakings shall in any action be construed by the rules applicable to insurance policies and indemnity contracts.

ORS 742.368

Formerly 747.180 and then 743.756