Oregon Revised Statutes Chapter 735 § 735.450 — Requirements for license as surplus lines insurance licensee
Oregon Revised Statutes Chapter 735 ·
Oregon Code § 735.450·Enacted ·Last updated March 01, 2026
Statute Text
Requirements for license as surplus lines insurance licensee.
A person may not procure any
contract of surplus lines insurance with any nonadmitted insurer for an Oregon
home state risk unless the person is licensed under ORS chapter 744 to transact
surplus lines insurance. A person may obtain a license to transact surplus
lines insurance only if the person is licensed as an insurance producer under
ORS chapter 744 to transact property and casualty insurance. [1987 c.774 §127;
1989 c.288 §1; 1991 c.810 §26; 1995 c.639 §14; 2001 c.191 §46; 2003 c.364 §41;
2011 c.660 §14]
Plain English Explanation
This Oregon statute addresses Requirements for license as surplus lines insurance licensee. AI-powered analysis coming soon.
Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 735.450
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Requirements for license as surplus lines insurance licensee. Read the full statute text above for details.
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