Oregon Revised Statutes Chapter 734 § 734.047 — Time
Oregon Revised Statutes Chapter 734 ·
Oregon Code § 734.047·Enacted ·Last updated March 01, 2026
Statute Text
Time
for correction of condition leading to order of supervision.
(1) An insurer placed under
supervision must correct, eliminate or remedy the acts, transactions or
practices that are the basis for the order of supervision and otherwise comply
with the requirements of the Director of the Department of Consumer and Business
Services within the period of time allowed by the director, not to exceed 60
days, after the date on which the order is served on the insurer.
(2) If the
director determines that the conditions giving rise to the supervision still
exist at the end of the supervision period established in subsection (1) of
this section, the director may extend the period. [1989 c.425 §7; 1993 c.447 §89]
Plain English Explanation
This Oregon statute addresses Time
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Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 734.047
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Time
. Read the full statute text above for details.
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The formal citation is Oregon Code § 734.047. Use this format in legal documents and court filings.
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