Oregon Administrative Rules
Chapter 836 - DEPARTMENT OF CONSUMER AND BUSINESS SERVICES, INSURANCE REGULATION
Division 14 - ALTERNATIVE INSURANCE ORGANIZATIONS
Section 836-014-0285 - Disclosures to Insurer

Universal Citation: OR Admin Rules 836-014-0285
Current through Register Vol. 63, No. 9, September 1, 2024

Before initiating a plan, transaction or series of transactions, a life settlement broker or life settlement provider shall fully disclose to an insurer the plan, transaction or series of transactions to which the life settlement broker or life settlement provider is a party, to originate, renew, continue or finance a life insurance policy with the insurer for the purpose of engaging in the business of life settlements at anytime prior to, or during the first five years after, issuance of the policy.

Stat. Auth.: ORS 731.244, 744.331, 744.358

Stats. Implemented: ORS 744.326, 744.328, 744.331, 744.341, 744.358, section 12, chapter 711, Oregon Laws 2009

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