OAR 836-080-0501: Authority; Rule of Construction; Applicability

(1) OAR 836-080-0501 to 836-080-0551 are adopted under the authority of ORS 731.244 and 746.620 for the purpose of implementing 746.600, 746.620, 746.630 and 746.665. (2) The examples in OAR 836-080-0501 to 836-080-0551 are not exclusive. Compliance with an example in 836-080-0501 to 836-080-0551 constitutes compliance with the statute to which the example applies. (3) OAR 836-080-0501 to 836-080-0551 have the same scope of applicability as ORS 746.600, 746.620, 746.630 and 746.665, applying to insurance activities of a licensee and not to noninsurance activities. (4) The applicability of the exemptions in ORS 746.665(1)(b) and (c) includes but is not limited to a licensee's transactions described in 746.665(1)(b) and (c) with a reinsurer or with an insurer with respect to stop loss or excess loss insurance.