Oregon Revised Statutes Chapter 735 § 735.417 — Insured required to report and pay taxes on independently procured insurance

Insured required to report and pay taxes on independently procured insurance covering Oregon home state risks. (1) Each insured in this state who obtains independently procured insurance, or continues or renews independently procured insurance on Oregon home state risks, other than insurance procured through a surplus lines licensee, shall file, within 30 days after the date the insurance was procured, continued or renewed, a written report with the Director of the Department of Consumer and Business Services showing: (a) The name and address of the insurer; (b) The subject of the insurance; (c) The amount of premium currently charged; and (d) Additional pertinent information reasonably requested by the director. (2) The insured filing a report under subsection (1) of this section shall pay, at the time of filing the report, the director an amount equal to the taxes imposed under ORS