Oregon Administrative Rules
Chapter 836 - DEPARTMENT OF CONSUMER AND BUSINESS SERVICES, INSURANCE REGULATION
Division 28 - PURCHASING GROUPS AND RISK RETENTION GROUPS
Section 836-028-0020 - Use of Insurance Producers by Purchasing Groups
Universal Citation: OR Admin Rules 836-028-0020
Current through Register Vol. 63, No. 9, September 1, 2024
A purchasing group shall employ an insurance producer to procure insurance for its members in Oregon. Such an insurance producer:
(1) Must hold a current insurance producer's license issued by the Division of Financial Regulation, in order to transact insurance in Oregon; or
(2) Must hold a current surplus line licensee's license issued under the Oregon Surplus Lines Law, in order to place business with a surplus lines insurer.
Statutory/Other Authority: ORS 731, 735 & 746
Statutes/Other Implemented: ORS 735.350
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