There is a newer version
of
this Section
2019 Oregon Revised Statutes
Volume : 18 - Financial Institutions, Insurance
Chapter 737 - Rates and Rating Organizations
Section 737.025 - Purpose, intent of chapter.
Universal Citation: OR Rev Stat § 737.025 (2019)
(1) The purpose of this chapter is to promote the public welfare by regulating insurance rates to the end that they shall not be excessive, inadequate or unfairly discriminatory and to authorize cooperation between insurers in rate making and other related matters.
(2) It is the express intent of this chapter to permit and encourage competition between insurers on a sound financial basis. [1969 c.690 §1]
Disclaimer: These codes may not be the most recent version. Oregon may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
