Oregon Code § 734.880·Enacted ·Last updated March 01, 2026
Statute Text
Stay
of proceeding involving insolvent insurer.
All proceedings in which an insolvent insurer is a
party in any court in this state shall be stayed 180 days from the date an
order of liquidation, rehabilitation or conservation is final to permit proper
legal action by the Oregon Life and Health Insurance Guaranty Association on
any matters germane to its powers or duties. As to judgment under any decision,
order, verdict or finding based on default the association may apply to have
such judgment set aside by the same court that made the judgment, and shall be
permitted to defend against such suit on the merits. [1975 c.251 §19; 2011
c.142 §10]
Plain English Explanation
This Oregon statute addresses Stay
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Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 734.880
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Stay
. 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 § 734.880. Use this format in legal documents and court filings.
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