ORS 750.337: Exclusion from membership in guaranty funds, joint underwriting associations and other pools.
Edition: 2025 EditionEffective: 2026-01-01Last verified: 2026-09-07
(1) A trust carrying out a multiple employer welfare arrangement may not be permitted to join or contribute financially to any insurance insolvency guaranty fund or similar mechanism in this state. Neither such a trust nor its insureds may receive any benefit from any such fund for claims arising out of the operations of the multiple employer welfare arrangement. (2) A trust carrying out a multiple employer welfare arrangement may not participate in any joint underwriting association or mandatory liability pool established under the laws of this state. [1993 c.615 §21; 1995 c.603 §39]
Official history and status
History: Note: See note under 750.301.
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Official source: https://www.oregonlegislature.gov/bills_laws/ors/ors750.html