Oregon — State Statute

Oregon Revised Statutes Chapter 731 § 731.104 — “Insurance

Oregon Revised Statutes Chapter 731 ·
Oregon Code § 731.104 · Enacted · Last updated March 01, 2026
Statute Text
“Insurance producer.” “Insurance producer” means a person required to be licensed under the laws of this state to sell, solicit or negotiate insurance. For purposes of this definition: (1) “Negotiate” means to confer directly with or to offer advice directly to a purchaser or prospective purchaser of a particular policy of insurance concerning any of the substantive benefits, terms or conditions of the policy, if the person engaged in that act: (a) Sells insurance; or (b) Obtains insurance from insurers for purchasers. (2) “Sell” means to exchange a policy of insurance by any means, for money or its equivalent, on behalf of an insurer. (3) “Solicit” means to attempt to sell a policy of insurance or to ask or urge a person to apply for a particular kind of insurance from a particular insurer. [Formerly 731.062]
Plain English Explanation
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Key Points
Frequently Asked Questions
This section of Oregon law addresses “Insurance . Read the full statute text above for details.
This page reflects the current text as of our last update. Always verify with the official Oregon legislature website for the most current version.
The formal citation is Oregon Code § 731.104. Use this format in legal documents and court filings.
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