Oregon Code § 732.095·Enacted ·Last updated March 01, 2026
Statute Text
Articles of incorporation.
(1) To the extent not otherwise inconsistent with the Insurance Code, the
articles of incorporation of a domestic insurer shall conform to ORS 60.047
and, in addition, shall contain the purpose or purposes for which the insurer
is organized and the class or classes of insurance or reinsurance to be made.
It shall be sufficient to state, either alone or with other purposes, that the
purpose of the insurer is to make insurance and reinsurance of all classes for
which an insurer may be authorized under the Insurance Code. By such statement,
all such classes shall be within the purposes of the insurer, except for
express limitations in the articles, if any.
(2) The articles
or other basic document of a mutual or reciprocal insurer shall include the
qualifications and rights of members or subscribers of the insurer. [1967 c.359
§155; 1987 c.846 §4]
Plain English Explanation
This Oregon statute addresses Articles of incorporation. AI-powered analysis coming soon.
Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 732.095
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Articles of incorporation. Read the full statute text above for details.
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The formal citation is Oregon Code § 732.095. Use this format in legal documents and court filings.
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