During the period of supervision of an insurer, the Director of the Department of Consumer and Business Services may institute rehabilitation or liquidation proceedings, extend the period of supervision or take any other action under the authority of the director with respect to the insurer.
ORS 734.051
Known as the Oregon Life and Health Insurance Guaranty Association Act
The act spans §§ 734–734 (107 sections).
1989 c.425 §8
Official source: Oregon State Legislature. Reproduced from public-domain Oregon statutes; confirm against the official source for the current text. Not legal advice.