Oregon Code § 744.063·Enacted ·Last updated March 01, 2026
Statute Text
Nonresident insurance producer license; fee.
(1) Unless the Director of the Department of Consumer
and Business Services refuses to issue or renew a license pursuant to ORS
744.074, a nonresident person shall receive a nonresident insurance producer
license if:
(a) The person is
currently licensed as a resident insurance producer and is in good standing in
the persons home state;
(b) The person
has submitted the proper request for a nonresident insurance producer license
and has paid the applicable fees;
(c) The person
has submitted or transmitted to the director the resident insurance producer
license application that the person submitted to the persons home state, or in
lieu of that application, a completed Uniform Application; and
(d) The persons
home state grants nonresident insurance producer licenses to residents of this
state on the same basis.
(2) The director
may verify the insurance producers licensing status through the Producer
Database maintained by the National Association of Insurance Commissioners, its
affiliates or subsidiaries.
(3) A nonresident
insurance producer licensed in this state who moves from one state to another
state or a resident insurance producer who moves from this state to another
state shall file with the director a change of address and provide
certification from the new resident state not later than the 30th day after the
change of legal residence. No fee or license application is required under this
subsection.
(4) A person
licensed as a surplus lines insurance producer in the persons home state shall
receive a nonresident surplus lines insurance producer license pursuant to
subsection (1) of this section. Except as provided in subsection (1) of this
section, nothing in this section supersedes any provision of ORS 735.400 to
735.495.
(5)
Notwithstanding any other provision of ORS 744.052 to 744.089, the director
shall issue a nonresident limited class insurance producer license pursuant to
subsection (1) of this section to a person who is licensed as a limited class
credit insurance producer or as another type of limited class insurance
producer under the laws of the persons home state that restrict the authority
of the license to less than the authority prescribed in ORS 744.062 for the
classes of life insurance, health insurance, property insurance or casualty
insurance.
(6) A license for
the class of title insurance may not be issued to a nonresident insurance
producer.
(7) The director
is the attorney in fact of a person to whom a license is issued under this
section, and upon whom all legal process in any action or proceeding against
the person may be served. Any legal process against the person that is served
upon the director has the same legal force and validity as if served upon the
person. The authority of the director under this subsection continues as long
as any liability remains outstanding in this state. The director becomes the
attorney in fact of the person on the date that the director issues the
nonresident insurance producer license to the person. [2001 c.191 §7; 2003
c.364 §9]