Oregon Code § 735.465·Enacted ·Last updated March 01, 2026
Statute Text
Monthly reports; rules.
(1) On or before the end of each month, each surplus lines licensee shall file
with the Director of the Department of Consumer and Business Services, as
prescribed by the director, a verified report of all surplus lines insurance
transacted on Oregon home state risks during the preceding 90 days. The report
need not show transacted surplus lines insurance that was reported in an
earlier report. The report shall show:
(a) Aggregate
gross premiums written;
(b) Aggregate
return premiums; and
(c) Amount of
aggregate tax.
(2) The director
may direct that reports required under subsection (1) of this section be made
to the Surplus Line Association of Oregon and that the Surplus Line Association
of Oregon file a combined report thereof with the director. The director may also
require that reports required under subsection (1) of this section be made
electronically but may exempt a licensee from the requirement for good cause
shown.
(3) For the
purpose of collecting taxes on insurance covering Oregon home state risks when
the insurance is placed outside this state, the director may establish by rule
requirements for filing reports on surplus lines insurance transacted outside
this state on Oregon home state risks. [1987 c.774 §130; 2001 c.191 §48; 2007
c.71 §236; 2011 c.660 §17]