ORS 734.055: Action against person violating order of supervision.
Edition: 2025 EditionEffective: 2026-01-01Last verified: 2026-09-07
The Director of the Department of Consumer and Business Services or supervisor on behalf of an insurer under supervision may bring an action for damages against any person who violates any order of the director under ORS 734.043 if the violation reduces the net worth of the insurer or results in loss to the insurer that the insurer would not have suffered otherwise. The director or supervisor may recover damages to the extent of the reduction or loss. [1989 c.425 §9]
This rule cites
- ORS 734.043 — resolved
Cited by
Official source: https://www.oregonlegislature.gov/bills_laws/ors/ors734.html