Oregon Revised Statutes Chapter 735 § 735.400 — Purposes of ORS 735.400 to 735.495
Oregon Revised Statutes Chapter 735 ·
Oregon Code § 735.400·Enacted ·Last updated March 01, 2026
Statute Text
Purposes of ORS 735.400 to 735.495.
ORS 735.400 to 735.495 shall be liberally construed and applied to promote its
underlying purposes which include:
(1) Protecting
persons seeking insurance in this state;
(2) Permitting
surplus lines insurance to be placed with reputable and financially sound
nonadmitted insurers and exported from this state pursuant to ORS 735.400 to
735.495;
(3) Establishing
a system of regulation which will permit orderly access to surplus lines
insurance in this state and encourage admitted insurers to provide new and
innovative types of insurance available to consumers in this state; and
(4) Protecting
revenues of this state. [1987 c.774 §117]
Plain English Explanation
This Oregon statute addresses Purposes of ORS 735.400 to 735.495. AI-powered analysis coming soon.
Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 735.400
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Purposes of ORS 735.400 to 735.495. 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 § 735.400. Use this format in legal documents and court filings.
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