Oregon — State Statute

Oregon Revised Statutes Chapter 734 § 734.840 — Conduct of liquidation, rehabilitation or conservation proceeding involving

Oregon Revised Statutes Chapter 734 ·
Oregon Code § 734.840 · Enacted · Last updated March 01, 2026
Statute Text
Conduct of liquidation, rehabilitation or conservation proceeding involving impaired or insolvent insurer. (1) Nothing in ORS 734.750 to 734.890 shall be construed to reduce the liability for unpaid assessments of the insureds on an impaired or insolvent insurer operating under a plan with assessment liability. (2) Records shall be kept of all negotiations and meetings in which the Oregon Life and Health Insurance Guaranty Association or its representatives are involved to discuss the activities of the association in carrying out its powers and duties under ORS 734.810. Records of such negotiations or meetings shall be made public only upon the termination of a liquidation, rehabilitation or conservation proceeding involving the impaired or insolvent insurer, upon the termination of the impairment or insolvency of the insurer, or upon the order of a court of competent jurisdiction. Nothing in this subsection shall limit the duty of the association to render a report of its activities under ORS 734.850. (3) For the purpose of carrying out its obligations under ORS 734.750 to 734.890, the association shall be considered to be a creditor of the impaired or insolvent insurer to the extent of assets attributable to covered policies reduced by any amounts to which the association is entitled as subrogee pursuant to ORS
Plain English Explanation
This Oregon statute addresses Conduct of liquidation, rehabilitation or conservation proceeding involving . AI-powered analysis coming soon.
Key Points
Frequently Asked Questions
This section of Oregon law addresses Conduct of liquidation, rehabilitation or conservation proceeding involving . 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 § 734.840. Use this format in legal documents and court filings.
Browse related sections using the links below, or search all Oregon statutes on FlawFinder.
Why Attorneys Choose FlawFinder

Why Attorneys Choose FlawFinder

Side-by-side with Westlaw and LexisNexis

Feature FlawFinder Westlaw LexisNexis
Monthly price $19 – $99 $133 – $646 $153 – $399
Contract None 1–3 year min 1–6 year min
Hidden fees $0, always Up to $469/search $25/mo + per-doc
Police SOPs 310+ departments No No
Plain-English ELI5 Included No No
Cancel One click Termination fees Account friction
Related Sections

Full legal research for $19/month

All 50 states · Federal regulations · Case law · Police SOPs · AI analysis included · No contract

Continue Researching →