Oregon Revised Statutes Chapter 732 § 732.683 — contains trade secrets, is proprietary, confidential and privileged and
Oregon Revised Statutes Chapter 732 ·
Oregon Code § 732.683·Enacted ·Last updated March 01, 2026
Statute Text
contains trade secrets, is proprietary, confidential and privileged and
is not subject to:
(A) Disclosure
under ORS 192.311 to 192.478;
(B) Subpoena; or
(C) Discovery and
is not admissible in evidence in a private civil action.
(b) The director
may use documents, materials or other information described in paragraph (a) of
this subsection in any regulatory or legal action to carry out the directors
official duties without the prior written consent of the insurer or insurance
group that provided or served as a source or subject of the documents,
materials or other information but the director may not otherwise make the
documents, materials or other information available to the public without prior
written consent from the insurer or insurance group.
(c) The director,
any person that acted under the directors authority in an examination or other
regulatory action or any person that under ORS 732.680 or 732.683 received
shared documents, materials or other information described in paragraph (a) of
this subsection may not testify concerning the documents, materials or other
information in any private civil action.
(2)(a) The
director, in performing the directors regulatory duties, may:
(A) Share
documents, materials and other information described in subsection (1)(a) of
this section, including information in or related to a corporate governance
annual disclosure, with other state, federal or international regulatory
agencies, including members of a supervisory college described in ORS 732.571,
with the National Association of Insurance Commissioners and with consultants
identified in ORS 732.689 if a regulatory agency, the association or a
consultant requests the documents, materials or other information and:
(i) Agrees in
writing to maintain any privilege that applies to, and to keep confidential,
the documents, materials and other information; and
(ii) Verifies in
writing that the regulatory agency, the association or the consultant has legal
authority to keep the documents, materials and other information confidential.
(B) Receive
documents, materials and other information described in subsection (1)(a) of
this section from the National Association of Insurance Commissioners and other
state, federal and international regulatory agencies, including members of a
supervisory college described in ORS 732.571.
(b) The director
shall maintain any privilege that applies to, and keep confidential, any
documents, materials or other information the director receives from any of the
persons described in paragraph (a)(B) of this subsection with notice or an
understanding that the documents, materials or information are privileged or
are confidential under the laws of the jurisdiction in which the person that is
the source or subject of the documents, materials or other information is
domiciled or exercises regulatory authority.
(3) The directors
or another persons disclosure of documents, materials or other information
described in this section does not waive any privilege or claim of
confidentiality that otherwise applies to the documents, materials or other
information. [2017 c.479 §7]
Note:
See note under 732.650.
Plain English Explanation
This Oregon statute addresses contains trade secrets, is proprietary, confidential and privileged and
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Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 732.683
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
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. Read the full statute text above for details.
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