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2019 Oregon Revised Statutes
Volume : 18 - Financial Institutions, Insurance
Chapter 746 - Trade Practices
Section 746.220 - Debtor’s option in furnishing credit life or credit health insurance.
Universal Citation: OR Rev Stat § 746.220 (2019)
When credit life insurance or credit health insurance, as defined in ORS 743.371, is required as additional security for any indebtedness, the debtor shall, upon request to the creditor, have the option of furnishing the required amount of insurance through existing policies of insurance owned or controlled by the debtor or of procuring and furnishing the required coverage through any authorized insurer. [Formerly 739.615]
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