OAR 836-042-0400: Statutory Authority; Purpose; Applicability; Effective Date

(1) OAR 836-042-0400 to 836-042-0430 are adopted under the authority of ORS 737.600. (2) OAR 836-042-0430 is adopted to enable the Department to: (a) Regulate the sale of casualty insurance in this state on commercial risks under group policies as authorized under ORS 737.600(3)(f); and (b) Regulate the sale of all forms of insurance subject to ORS 737.035 to day care facilities under group policies as authorized under 737.600(3)(g). (3) OAR 836-042-0400 to 836-042-0430 become effective on adoption.