Oregon Revised Statutes Chapter 732 § 732.165 — Liability of directors and incorporators
Oregon Revised Statutes Chapter 732 ·
Oregon Code § 732.165·Enacted ·Last updated March 01, 2026
Statute Text
Liability of directors and incorporators.
The directors, incorporators, and organizers of any
insurer organized under the Insurance Code and those entitled to participation
in the profits of such insurer shall be jointly and severally liable for all
debts or liabilities of such insurer until it has received a certificate of
authority. [1967 c.359 §162]
Plain English Explanation
This Oregon statute addresses Liability of directors and incorporators. AI-powered analysis coming soon.
Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 732.165
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Liability of directors and incorporators. 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 § 732.165. Use this format in legal documents and court filings.
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