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2021 Oregon Revised Statutes
Volume : 18 - Financial Institutions, Insurance
Chapter 732 - Organization and Corporate Procedures of Domestic Insurers; Regulation of Insurers Generally
GENERAL PROVISIONS
- Section 732.005 - Application of private corporation law; definitions.
- Section 732.010 [Repealed by 1967 c.359 §704]
- Section 732.015 - Permit to organize insurer required.
- Section 732.020 [Repealed by 1967 c.359 §704]
- Section 732.025 - Application for permit to organize stock insurer; rules.
- Section 732.030
- Section 732.035 - Application for permit to organize insurer without capital stock.
- Section 732.040
- Section 732.045 - Investigation of applications to organize insurers.
- Section 732.050
- Section 732.055 - Approval or disapproval of application for permit.
- Section 732.060
- Section 732.065 - Reporting of changes in information in application.
- Section 732.070 [Repealed by 1967 c.359 §704]
- Section 732.075 - Revoking or suspending permit to organize insurer.
- Section 732.080 [Repealed by 1967 c.359 §704]
- Section 732.085 - Incorporators.
- Section 732.090 [Repealed by 1967 c.359 §704]
- Section 732.095 - Articles of incorporation.
- Section 732.100
- Section 732.105 - Filing articles of incorporation and surety bond, letter of credit or deposit.
- Section 732.110
- Section 732.115 - Approval of articles, documents and bond, letter of credit or deposit; certificate of incorporation.
- Section 732.120
- Section 732.125 - Registration of securities subsequent to issuance of organization permit and certificate of incorporation.
- Section 732.130
- Section 732.135 - Soliciting subscriptions and applications.
- Section 732.140
- Section 732.145 - Stipulations required in subscriptions and applications; disposition of subscribed funds.
- Section 732.150
- Section 732.155 - Organization to be completed within two years; policies to be issued within one year of certification.
- Section 732.160
- Section 732.165 - Liability of directors and incorporators.
- Section 732.175 - Liability for acting as corporate insurer without authority.
- Section 732.205 - General powers of insurers.
- Section 732.210 - Assertion of lack of capacity or power.
- Section 732.215 - Management contracts prohibited.
- Section 732.220 - Exclusive agency contracts.
- Section 732.225 - Impairment of required capitalization prohibited; rules.
- Section 732.230 - Order to cure impairment; confidentiality of order.
- Section 732.235 - Voluntary dissolution of insurer.
- Section 732.240 - Trusts of life insurance proceeds.
- Section 732.245 - Home office; records, assets; unlawful removal; rules.
- Section 732.250 - Continuity of management in event of national emergency.
- Section 732.305 - Board of directors; qualifications.
- Section 732.310 [1967 c.359 §175; repealed by 1987 c.846 §19]
- Section 732.315 [Formerly 738.200; repealed by 1983 c.24 §1]
- Section 732.320 - Supporting documents for expenditures.
- Section 732.325 - Certain transactions and compensation between insurers and directors, trustees, officers, agents or employees prohibited; other prohibited conduct.
- Section 732.405 - Authorized shares.
- Section 732.410 - Right to acquire own shares.
- Section 732.415 - Stock insurer’s proxies; regulation by director; rules.
- Section 732.420 - "Equity security" defined; rules.
- Section 732.425 - Application of insider trading regulation.
- Section 732.430 - Filing statement of security ownership with director; rules.
- Section 732.435 - Suit to recover insider profits; exempted transactions; rules.
- Section 732.440 - Prohibited sales of securities.
- Section 732.445 - Establishing or maintaining primary or secondary market in securities; rules.
- Section 732.450 - Arbitrage transactions exempt; rules.
- Section 732.455 - Rules.
- Section 732.460 - Annual report to shareholders or members; rules.
- Section 732.465 - Members of domestic mutual insurers.
- Section 732.470 - Voting rights of members of mutual insurer.
- Section 732.475 - Members’ meetings and procedures of domestic mutual and reciprocal insurers.
- Section 732.480 - Copy of bylaws of domestic mutual insurer to be provided to director; provisions of bylaws.
- Section 732.505 [Formerly 738.610; 1969 c.336 §7; 1983 c.498 §1; repealed by 1993 c.447 §122]
- Section 732.510 [1967 c.359 §195; 1969 c.336 §8; 1983 c.498 §2; repealed by 1993 c.447 §122]
- Section 732.515 [1967 c.359 §196; 1983 c.498 §3; repealed by 1993 c.447 §122]
- Section 732.517 - Purpose of ORS 732.517 to 732.546.
- Section 732.518 - Definitions for ORS 732.517 to 732.546.
- Section 732.520 [1967 c.359 §197; repealed by 1993 c.447 §122]
- Section 732.521 - Activities that are prohibited unless specified procedures followed; exceptions; notice of divestiture.
- Section 732.522 [1983 c.498 §6; repealed by 1993 c.447 §122]
- Section 732.523 - Procedure for acquiring controlling interest of capital stock; filing of statement; contents; request for hearing.
- Section 732.525 [1967 c.359 §198; 1983 c.498 §7; repealed by 1993 c.447 §122]
- Section 732.526 - Hearing on proposed activity; notice.
- Section 732.527 - Approval of acquisition by chief insurance regulatory officials of two or more jurisdictions; hearing.
- Section 732.528 - Approval of proposed activity; grounds for refusing approval.
- Section 732.529 - Procedures following approval by director of proposed activity.
- Section 732.530 [1967 c.359 §199; repealed by 1993 c.447 §122]
- Section 732.531 - Acquisition of assets or insurance of mutual or reciprocal insurers.
- Section 732.533 - Statement of acquisition.
- Section 732.535
- Section 732.536 - Compliance with foreign or alien laws.
- Section 732.537 - Application of ORS 732.527, 732.539, 732.542 and 732.544 to change of control of insurer; exemptions.
- Section 732.538 - Effect of merger or consolidation.
- Section 732.539 - Notification of acquisition; confidentiality; order; rules; required information; waiting period.
- Section 732.540
- Section 732.541 - Jurisdiction over person obtaining or attempting to obtain control.
- Section 732.542 - Monopoly or substantial diminishment of competition; director’s order; prima facie and substantial evidence; determination of scope and extent of market.
- Section 732.543
- Section 732.544 - Director’s order; effect; requirements for issuing; penalties.
- Section 732.545 [1967 c.359 §202; 1973 c.515 §2; 1981 c.633 §81; 1983 c.498 §12; 1987 c.846 §10; repealed by 1993 c.447 §122]
- Section 732.546 - Severability.
- Section 732.547 - Remedies for violation of ORS 732.517 to 732.546.
- Section 732.548 - Definitions for ORS 732.517 to 732.596.
- Section 732.549 - Subsidiaries.
- Section 732.550
- Section 732.551 - Registration of insurer members of holding company systems.
- Section 732.552 - Registration statement; form; contents.
- Section 732.553 - Certain information not required to be disclosed.
- Section 732.554 - Changes in registration information; reports of distributions to shareholders.
- Section 732.555 [1967 c.359 §204; repealed by 1993 c.447 §122]
- Section 732.556 - Requirement that certain persons provide information to insurers.
- Section 732.558 - Termination of registration by director.
- Section 732.560
- Section 732.562 - Consolidated registration.
- Section 732.564 - Registration for affiliated insurers.
- Section 732.565 [1967 c.359 §206; repealed by 1993 c.447 §122]
- Section 732.566 - Exemption from ORS 732.517 to 732.596 by director.
- Section 732.567 - Presumption of control; rebuttal; hearing.
- Section 732.568 - Disclaimer of affiliation; contents; subsequent duty to register; disallowance of disclaimers by director.
- Section 732.569 - Annual enterprise risk report; contents; rules.
- Section 732.570
- Section 732.571 - Supervisory college for domestic insurer; purpose; director’s powers; payment of expenses.
- Section 732.572 - Rulemaking authority for ORS 732.517 to 732.596.
- Section 732.574 - Standards for transactions within holding company; notice.
- Section 732.575 [1983 c.498 §15; repealed by 1993 c.447 §122]
- Section 732.576 - Dividends and distributions.
- Section 732.578 - Liability of officers and directors of insurer that is subject to registration; allowance for common management; qualifications of directors; exemptions; waiver.
- Section 732.580
- Section 732.582 - Determination of reasonableness and adequacy of capital and surplus.
- Section 732.584 - Examinations; penalty; costs.
- Section 732.585 [1983 c.498 §17; repealed by 1993 c.447 §122]
- Section 732.586 - Confidentiality of information; permitted disclosures.
- Section 732.588 - Supervision, rehabilitation or liquidation.
- Section 732.590
- Section 732.592 - Recovery from parent corporation or holding company if domestic insurer ordered into liquidation or rehabilitation.
- Section 732.594 - Director’s determination or acknowledgment of appropriate group-wide supervisor for internationally active insurance group; requirement for insurer to produce needed information; director’s powers; cooperation with other regulatory officials.
- Section 732.595
- Section 732.596 - Request by insurance holding company system for determination or acknowledgement of group-wide supervisor.
- Section 732.597 [1985 c.327 §2; 1993 c.447 §110; repealed by 1997 c.771 §28]
- Section 732.598 [1985 c.327 §3; repealed by 1997 c.771 §28]
- Section 732.599 [1985 c.327 §4; 1993 c.447 §111; repealed by 1997 c.771 §28]
- Section 732.600 - Definitions for ORS 732.600 to 732.630.
- Section 732.602 - Intent of ORS 732.600 to 732.630.
- Section 732.604 - Permissible actions of domestic mutual insurer; rules.
- Section 732.605
- Section 732.606 - Plan for conversion or reorganization; documents filed; approval by director and members.
- Section 732.608 - Waiver of requirements of ORS 732.606.
- Section 732.610 - Contents of plan.
- Section 732.611 - Eligible member of domestic mutual insurer or mutual holding company; record date.
- Section 732.612 - Consideration for membership interest in converting or reorganizing mutual insurer; kinds of consideration; allocation of consideration.
- Section 732.614 - Effect of conversion.
- Section 732.615
- Section 732.616 - Reorganization involving organization of stock holding company; subsidiaries.
- Section 732.618 - Reorganization involving organization of mutual holding company; subsidiaries.
- Section 732.620 - Status of mutual holding company as corporation; status as insurer; rights and obligations of members; voting; articles of incorporation.
- Section 732.622 - Restructuring of mutual holding company.
- Section 732.624 - Approval by Director of Department of Consumer and Business Services of mutual holding company restructuring plan; approval by members; effect of restructuring.
- Section 732.625
- Section 732.626 - Plan review and approval; general provisions.
- Section 732.628 - Limitations on ownership of shares in companies resulting from conversion, reorganization or restructuring.
- Section 732.630 - Dissenters’ rights; action challenging validity of conversion, reorganization or restructuring.
- Section 732.635
- Section 732.645
- Section 732.650 - Definitions.
- Section 732.653 - Scope; requirements and guidance.
- Section 732.655
- Section 732.656 - Risk management framework.
- Section 732.659 - Own risk and solvency assessment in accordance with manual.
- Section 732.662 - Own risk and solvency summary report; attestation.
- Section 732.665
- Section 732.666 - Exemptions; director’s requirements.
- Section 732.669 - Documentation and supporting information; director’s review.
- Section 732.672 - Confidentiality; permissible disclosures; agreement with National Association of Insurance Commissioners.
- Section 732.675
- Section 732.680 - Submission of corporate governance annual disclosure; determination of lead state; signature and attestation; level of disclosure permitted; review; rules.
- Section 732.683 - Discretion as to form and content of responses to inquiries in corporate governance annual disclosure; documentation and supporting information.
- Section 732.685
- Section 732.686 - Maintenance of confidentiality and privilege; permitted disclosures; waivers.
- Section 732.689 - Retention of consultant to assist director’s review of corporate governance annual disclosure; consultant’s qualifications and duties; agreement with consultant.
- Section 732.695
- Section 732.705
- Section 732.810 - Definitions for ORS 732.810 to 732.814.
- Section 732.811 - Application of ORS 732.810 to 732.814.
- Section 732.812 - Filing of financial statements; contract requirements; audit; reports to director.
- Section 732.813 - Notice to prospective insured.
- Section 732.814 - Authority of director over controlling producer and controlled insurer.
- Section 732.820 - Interstate Insurance Product Regulation Compact.
- Section 732.825 - State member of Interstate Insurance Product Regulation Commission.
- Section 732.990 [Repealed by 1967 c.359 §704]
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