Oregon Code § 731.228·Enacted ·Last updated March 01, 2026
Statute Text
Prohibited interests and rewards.
(1) No officer or employee of the Department of Consumer and Business Services
delegated responsibilities in the enforcement of the Insurance Code shall:
(a) Be a
director, officer, or employee of or be financially interested in any person
regulated by the department or office of the department that is delegated
responsibility in the enforcement of the Insurance Code, except as a
policyholder or claimant under an insurance policy or by reason of rights
vested in commissions, fees, or retirement benefits related to services
performed prior to affiliation with the department; or
(b) Be engaged in
any other business or occupation interfering with or inconsistent with the
duties of the office or employment.
(2) No person
shall directly or indirectly give or pay, or offer to give or pay, to the
Director of the Department of Consumer and Business Services, or any officer or
employee of the department, and the director or such officer or employee shall
not directly or indirectly solicit, receive or accept any fee, compensation,
loan, gift or other thing of value in addition to the compensation and expense
allowance provided by law, for:
(a) Any service
rendered or to be rendered as such director, officer or employee, or in
connection therewith;
(b) Services
rendered or to be rendered in relation to legislation;
(c) Extra
services rendered or to be rendered; or
(d) Any cause
whatsoever related to any person regulated by the department or office of the
department that is delegated responsibility in the enforcement of the Insurance
Code.
(3) This section
does not permit any conduct, affiliation or interest that is otherwise
prohibited by public policy. [1967 c.359 §50; 1987 c.373 §78]
Plain English Explanation
This Oregon statute addresses Prohibited interests and rewards. AI-powered analysis coming soon.
Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 731.228
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Prohibited interests and rewards. 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 § 731.228. Use this format in legal documents and court filings.
Browse related sections using the links below, or search all Oregon statutes on FlawFinder.