Statutes, codes, and regulations
Oregon Revised Statutes
Title 56 - INSURANCEChapter 744 - INSURANCE PRODUCERS; LIFE SETTLEMENT PROVIDERS, BROKERS AND CONTRACTS; ADJUSTERS; CONSULTANTS; THIRD PARTY ADMINISTRATORS; REINSURANCE INTERMEDIARIES; LIMITED LICENSES
LIMITED TRAVEL INSURANCE PRODUCERS
Section 744.107 - Violations; revocation of authorization

ORS § 744.107

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Current through 2024 Regular Session legislation effective April 17, 2024
Section 744.107 - Violations; revocation of authorization

If the Director of the Department of Consumer and Business Services determines that a travel retailer has violated any provision of ORS 744.101 or 744.104, the director may, in addition to imposing any penalties authorized under the Insurance Code:

(1) Direct the limited travel insurance producer to implement a corrective action plan with the travel retailer; or
(2) Direct the limited travel insurance producer to revoke its authorization of the travel retailer to transact travel insurance on its behalf and under its license and to remove the travel retailer from its register described in ORS 744.104(2)(b).

ORS 744.107

2015 c. 675, § 4