2021 Oregon Revised Statutes
Chapter 731 - Administration and General Provisions
Section 731.154 - "Annuity."

2021 Oregon Revised Statutes

Volume : 18 - Financial Institutions, Insurance

Chapter 731 - Administration and General Provisions

Section 731.026 - Application of Insurance Code to particular insurers.

Section 731.028 - Applicability of certain Insurance Code provisions to State Accident Insurance Fund Corporation.

Section 731.036 - Persons completely exempt from application of Insurance Code.

Section 731.038 - Application of Insurance Code to charitable organizations that issue charitable gift annuities.

Section 731.039 - Requirements for certain educational institutions or nonprofit corporations issuing charitable gift annuities.

Section 731.042 - Certificate of exemption; application of certain Insurance Code provisions to exempt insurers.

Section 731.066 - "Authorized," "unauthorized" insurer.

Section 731.069 - "Certificate," "certificate holder."

Section 731.072 - "Certificate of authority," "license."

Section 731.074 - "Commercial liability insurance."

Section 731.075 - "Covered life."

Section 731.076 - "Department," "director."

Section 731.082 - "Domestic," "foreign," "alien" insurer.

Section 731.092 - "Domicile."

Section 731.096 - "Domicile of alien insurer."

Section 731.097 - "Essential health benefits."

Section 731.098 - "Group health insurance."

Section 731.099 - "Independently procured insurance."

Section 731.102 - "Insurance."

Section 731.104 - "Insurance producer."

Section 731.114 - "Limited benefit coverage."

Section 731.142 - "Stock," "mutual" and "reciprocal" insurer.

Section 731.144 - "Surplus lines insurance."

Section 731.146 - "Transact insurance."

Section 731.154 - "Annuity."

Section 731.158 - "Casualty insurance."

Section 731.164 - "Home protection insurance," "home protection insurer."

Section 731.170 - "Life insurance"; includes annuities.

Section 731.174 - "Marine and transportation insurance."

Section 731.178 - "Mortgage insurance."

Section 731.194 - "Wet marine and transportation insurance."

Section 731.216 - Administrative power of director.

Section 731.228 - Prohibited interests and rewards.

Section 731.232 - Subpoena power.

Section 731.236 - General powers and duties.

Section 731.240 - Hearings in general.

Section 731.248 - Orders.

Section 731.252 - Cease and desist orders.

Section 731.256 - Enforcement generally; restitution.

Section 731.258 - Enforcement of orders and decisions by Attorney General; filing, enforcement and effect of foreign decrees.

Section 731.259 - Requirement for written notice to insured; rules.

Section 731.264 - Complaints and investigations confidential; permitted disclosures; rules.

Section 731.268 - Use of reproductions and certified copies as evidence; fee.

Section 731.272 - Director’s annual reports; notice of publication of report.

Section 731.280 - Publications authorized.

Section 731.284 - Distribution of insurance laws.

Section 731.292 - Disposition of fees, charges, taxes, penalties and other moneys.

Section 731.300 - Examination of insurers; when required.

Section 731.302 - Appointment of examiners; retaining of appraisers, actuaries and others; evidentiary status of facts and conclusions.

Section 731.304 - Investigation of persons transacting insurance.

Section 731.308 - Procedure at examination or investigation; production of books and other records.

Section 731.312 - Report of examination; review by person examined; hearing; confidentiality of certain information and documents; permitted disclosures.

Section 731.314 - Immunity for director, examiner and others.

Section 731.324 - Service of process on Secretary of State; notice to unauthorized insurer.

Section 731.328 - Deposits by unauthorized insurers in actions or proceedings.

Section 731.362 - Requirements of foreign or alien insurers generally.

Section 731.363 - Authorized foreign insurer becoming domestic insurer.

Section 731.365 - Effect of transfer of domicile by domestic or foreign insurer; notice to director by transferring insurer.

Section 731.369 - Requirements of reciprocal insurers generally.

Section 731.370 - Reciprocal insurer’s financial statement; service of process.

Section 731.371 - Powers of reciprocal insurer regarding real estate.

Section 731.374 - Exemptions to certificate of authority requirement.

Section 731.380 - Authority of foreign and alien insurers to take, acquire, hold and enforce notes secured by mortgages; statement; fees.

Section 731.385 - Standards for determining whether continued operation of insurer is hazardous; rules; order; hearing.

Section 731.386 - Management of insurers.

Section 731.394 - Combinations of insuring powers in one insurer.

Section 731.396 - Certificate of authority and good financial condition required to issue variable life insurance or variable annuity policies.

Section 731.402 - Issuance or refusal of certificate of authority.

Section 731.406 - What certificate evidences; ownership of certificate.

Section 731.410 - Continuance, expiration or reinstatement of certificate of authority.

Section 731.414 - Suspension or revocation of certificate of authority; mandatory grounds.

Section 731.418 - Grounds for suspension or revocation of certificate of authority.

Section 731.422 - Order of suspension, revocation or refusal; effect upon insurance producers’ authority.

Section 731.426 - Duration of suspension; insurer’s obligations during suspension period; reinstatement.

Section 731.428 - Written consent to engage or participate in business of insurance; rules.

Section 731.430 - Name of insurer.

Section 731.434 - Registered office and agent.

Section 731.438 - Title plant requirement for title insurers; posting of indexes; plant ownership and maintenance.

Section 731.458 - Exchange of reciprocal or interinsurance contracts.

Section 731.466 - Power of attorney for reciprocal insurer.

Section 731.470 - Attorney for reciprocal insurer.

Section 731.475 - Claims processing by workers’ compensation insurer; permission for remote claims processing; availability and disposition of claims records; auditing and examinations by director; rules.

Section 731.482 - Withdrawal from, failure to renew or cancellation of line by commercial liability insurer.

Section 731.484 - Prohibition on certain sales related to group health and group life insurance.

Section 731.485 - Conditions under which insurer may limit insured’s choice of drug outlets and pharmacies.

Section 731.486 - Exemption from definition of "transact insurance" for group health and life policies; master group health and life insurance coverage; rules.

Section 731.488 - Annual audit of insurer; rules.

Section 731.492 - Required notification to claimant upon insurer’s payment to settle third-party liability claim; required contents of notification.

Section 731.504 - Limit of risk.

Section 731.508 - Approved reinsurance.

Section 731.509 - Legislative intent; criteria for allowing credit for reinsurance; rules.

Section 731.510 - Criteria for allowing reduction from liability for reinsurance; rules.

Section 731.511 - Criteria to be met by assuming insurer in order to be accredited as reinsurer; rules.

Section 731.512 - Withdrawal of insurer; reinsurance.

Section 731.514 - Ceding insurer’s management of reinsurance recoverables; requirement to diversify reinsurance program.

Section 731.516 - Mortgage insurance limitation; waiver of limitation; rules; fees.

Section 731.520 - Conditions that insurers assuming ceded reinsurance must meet for allowance of credit; list of reciprocal jurisdictions; list of qualifying assuming insurers; rules.

Section 731.554 - Capital and surplus requirements.

Section 731.574 - Annual financial statement.

Section 731.590 - "Insurer" defined for ORS 731.592 and 731.594.

Section 731.592 - Reporting criminal conduct involving insurance.

Section 731.604 - Acceptance of deposits of insurers.

Section 731.608 - Purpose of deposit.

Section 731.612 - Rights of insurer regarding deposits.

Section 731.616 - Valuation of deposits; deficiencies.

Section 731.620 - Assignment of deposited securities.

Section 731.624 - Special deposits; foreign and alien insurers.

Section 731.628 - Deposit required of workers’ compensation insurers.

Section 731.636 - Deposit or trusteed assets of alien insurer required.

Section 731.640 - Eligible deposits; rules.

Section 731.644 - Payment of losses out of deposits, generally.

Section 731.648 - Duration and release of deposit.

Section 731.652 - Proofs for release of deposit to insurers; director’s responsibility.

Section 731.730 - Insurer filings with National Association of Insurance Commissioners.

Section 731.731 - Immunity for certain persons dealing with information collected from filings under ORS 731.730.

Section 731.737 - Immunity from liability for certain persons filing reports or furnishing information about specified activities to specified persons.

Section 731.750 - Confidentiality of report of material acquisitions or dispositions of assets, material nonrenewals, cancellations and revisions of ceded reinsurance agreements.

Section 731.752 - Confidentiality of report used for determination of required amount of capital or surplus; confidentiality of financial plan of action and report of examination connected with plan.

Section 731.754 - Permissible uses of reports and plans described in ORS 731.752.

Section 731.760 - Definitions for ORS 731.760 to 731.770.

Section 731.761 - Privileged information.

Section 731.762 - Authority of director.

Section 731.764 - Waiver of privilege; permitted disclosures.

Section 731.766 - Petition for in camera hearing; hearing; compelled disclosure.

Section 731.768 - Privilege; exceptions.

Section 731.804 - Assessments; rules; fees; how determined.

Section 731.820 - Gross premium tax on fire insurance premiums.

Section 731.822 - Prepayment of tax due.

Section 731.824 - Tax on underwriting profits of wet marine and transportation insurers.

Section 731.828 - Computation of wet marine and transportation insurance tax.

Section 731.833 - Record keeping requirements for wet marine and transportation insurance contracts.

Section 731.834 - Insurance producer’s collection of taxes on wet marine and transportation insurance; report to director; rules.

Section 731.836 - Limitation on enforcement of insurer’s tax obligations.

Section 731.840 - Retaliatory or corporate excise tax in lieu of certain taxes and assessments; certain local taxes prohibited.

Section 731.842 - Adjustment of amount to be prepaid for taxes; extension of time for payment; interest; penalty for late payment.

Section 731.854 - Retaliatory tax.

Section 731.859 - Applicability of retaliatory provisions; disclosure of tax returns.

Section 731.870 - State of emergency; effect upon insurance policies; rules.

Section 731.988 - Civil penalties.

Section 731.992 - Criminal penalty.