Oregon Revised Statutes Chapter 735 § 735.418 — Director authorized to enter into interstate compact for premium tax
Oregon Revised Statutes Chapter 735 ·
Oregon Code § 735.418·Enacted ·Last updated March 01, 2026
Statute Text
Director authorized to enter into interstate compact for premium tax
allocation.
For
purposes of carrying out the Nonadmitted and Reinsurance Reform Act of 2010
(P.L. 111-203, Title V, Subtitle B), after receiving express legislative
approval, the Director of the Department of Consumer and Business Services is
authorized to enter into a compact or to otherwise establish procedures with
other states to allocate among the states the premium taxes paid to an insureds
home state. [2011 c.660 §4]
Plain English Explanation
This Oregon statute addresses Director authorized to enter into interstate compact for premium tax
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Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 735.418
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
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