Oregon Code § 743.270·Enacted ·Last updated March 01, 2026
Statute Text
Reinstatement.
An
annuity or pure endowment policy shall contain a provision that the policy may
be reinstated at any time within one year from a default in making stipulated
payments to the insurer, unless the cash surrender value has been paid, but all
overdue stipulated payments and any indebtedness to the insurer on the policy
shall be paid or reinstated with interest at the rate specified in the policy
but not exceeding six percent per annum, and in cases where applicable the
insurer may also include a requirement of evidence of insurability satisfactory
to the insurer. [1967 c.359 §410]
Plain English Explanation
This Oregon statute addresses Reinstatement. AI-powered analysis coming soon.
Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 743.270
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Reinstatement. Read the full statute text above for details.
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The formal citation is Oregon Code § 743.270. Use this format in legal documents and court filings.
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