Oregon Code § 734.520·Enacted ·Last updated March 01, 2026
Statute Text
Purpose.
The
purpose of ORS 734.510 to 734.710 is to provide for the payment of covered
claims under certain insurance policies to avoid excessive delay in payment and
to avoid financial loss to claimants or policyholders because of the insolvency
of an insurer, to assist in the detection and prevention of insurer
insolvencies, to provide an association to assess the cost of such protection
among insurers and to assist in the liquidation of insurers as provided in this
chapter. [1971 c.616 §2]
Plain English Explanation
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Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 734.520
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Purpose. Read the full statute text above for details.
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The formal citation is Oregon Code § 734.520. Use this format in legal documents and court filings.
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