Oregon Code § 742.368·Enacted ·Last updated March 01, 2026
Statute Text
Surety
insurer may not deny power to execute bond; construction of policies.
A surety insurer executing any
bond or undertaking under the provisions of the Insurance Code is estopped in
any proceeding, to deny its corporate power to execute such bond or undertaking
or to assume such liability, and all such bonds or undertakings shall in any
action be construed by the rules applicable to insurance policies and indemnity
contracts. [Formerly 747.180 and then 743.756]
Plain English Explanation
This Oregon statute addresses Surety
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Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 742.368
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Surety
. 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 § 742.368. Use this format in legal documents and court filings.
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