(1) An “authorized” insurer is one authorized by a subsisting certificate of authority to transact insurance in this state.
(2) An “unauthorized” insurer is one not so authorized.
Known as the Insurance Code
The act spans §§ 731.004 to 731.992 (240 sections).
Applied in 2 court decisions — leading case 24 F. Supp. 2d 1096 - National Warranty Insurance v. Greenfield (1998)
Most recently applied in 24 F. Supp. 2d 1096 - National Warranty Insurance v. Greenfield (August 1998)
1967 c.359 §14
(1) An “authorized” insurer is one authorized by a subsisting certificate of authority to transact insurance in this state.
(2) An “unauthorized” insurer is one not so authorized.
Official source: Oregon State Legislature. Reproduced from public-domain Oregon statutes; confirm against the official source for the current text. Not legal advice.