Oregon Revised Statutes Chapter 731 § 731.833 — Record
Oregon Revised Statutes Chapter 731 ·
Oregon Code § 731.833·Enacted ·Last updated March 01, 2026
Statute Text
Record
keeping requirements for wet marine and transportation insurance contracts.
(1) Each producer of nonadmitted
wet marine and transportation insurance shall keep a full and true record of
each nonadmitted wet marine and transportation insurance contract placed on an
Oregon home state risk. The record must include a copy of the policy,
certificate, cover note or other evidence of insurance that the Director of the
Department of Consumer and Business Services specifies by rule.
(2) A producer
shall keep the record described in subsection (1) of this section open at all
reasonable times to the directors examination, without notice, for a period of
not less than five years after termination of the nonadmitted wet marine and
transportation insurance contract. [2019 c.493 §7]
Plain English Explanation
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Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 731.833
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
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