Oregon Revised Statutes Chapter 731 § 731.042 — Certificate of exemption; application of certain Insurance Code provisions to
Oregon Revised Statutes Chapter 731 ·
Oregon Code § 731.042·Enacted ·Last updated March 01, 2026
Statute Text
Certificate of exemption; application of certain Insurance Code provisions to
exempt insurers.
(1) An exempt insurer who holds a certificate of exemption issued by the
Director of the Department of Consumer and Business Services before January 1,
2003, may continue transacting insurance.
(2) In order to
continue a certificate of exemption, an exempt insurer to whom subsection (1)
of this section applies must file its annual statement and pay the fees
established by the director by March 1 of each year.
(3) An exempt
insurer shall be subject to ORS 731.296 to 731.316, 731.414, 731.418, 731.574,
731.988, 731.992, 733.010 to 733.115, 733.140 to 733.210, 743A.040, 746.075 and
746.110. [Formerly 736.020; 1979 c.870 §1; 1981 c.752 §15; 1989 c.413 §2; 2003
c.802 §174; 2005 c.22 §485]
Plain English Explanation
This Oregon statute addresses Certificate of exemption; application of certain Insurance Code provisions to
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Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 731.042
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
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