ORS 735.335: Purchase of insurance by purchasing group.
Edition: 2025 EditionEffective: 2026-01-01Last verified: 2026-09-07
A purchasing group may not purchase insurance from a risk retention group that is not chartered in a state or from an insurer not admitted in the state in which the purchasing group is located, unless the purchase is effected through a licensed insurance producer acting pursuant to the surplus lines laws and regulations of that state. [1987 c.774 §105; 2003 c.364 §93]
Administrative rules citing this section
- OAR 836-028-0005: Statutory Authority, Purpose — implements
- OAR 836-028-0013: Permitted Insurers — implements
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Official source: https://www.oregonlegislature.gov/bills_laws/ors/ors735.html