Oregon Revised Statutes Chapter 732 § 732.175 — Liability for acting as corporate insurer without authority
Oregon Revised Statutes Chapter 732 ·
Oregon Code § 732.175·Enacted ·Last updated March 01, 2026
Statute Text
Liability for acting as corporate insurer without authority.
Any person who assumes to act as a
corporate insurer without a permit to organize and without the issuance of a
certificate of incorporation by the Director of the Department of Consumer and
Business Services or who assumes to transact insurance business without a
certificate of authority to transact such business issued by the director shall
be jointly and severally liable for all liabilities created while so acting. [1967
c.359 §163; 1981 c.633 §80; 1987 c.846 §5]
CORPORATE PROCEDURES
GENERALLY
Plain English Explanation
This Oregon statute addresses Liability for acting as corporate insurer without authority. AI-powered analysis coming soon.
Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 732.175
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Liability for acting as corporate insurer without authority. 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 § 732.175. Use this format in legal documents and court filings.
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