Oregon Code § 734.055·Enacted ·Last updated March 01, 2026
Statute Text
Action
against person violating order of supervision.
The Director of the Department of
Consumer and Business Services or supervisor on behalf of an insurer under
supervision may bring an action for damages against any person who violates any
order of the director under ORS 734.043 if the violation reduces the net worth
of the insurer or results in loss to the insurer that the insurer would not
have suffered otherwise. The director or supervisor may recover damages to the
extent of the reduction or loss. [1989 c.425 §9]
Plain English Explanation
This Oregon statute addresses Action
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Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 734.055
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Action
. Read the full statute text above for details.
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The formal citation is Oregon Code § 734.055. Use this format in legal documents and court filings.
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