Oregon Revised Statutes Chapter 744 § 744.323 — Life
Oregon Revised Statutes Chapter 744 ·
Oregon Code § 744.323·Enacted ·Last updated March 01, 2026
Statute Text
Life
settlement brokers.
(1) A person shall not act as a life settlement broker unless the person holds
a license of life settlement broker issued by the Director of the Department of
Consumer and Business Services.
(2) A life
insurance producer who has been duly licensed as a resident insurance producer
with a life line of authority in this state or the producers home state for at
least one year and is licensed as a nonresident producer in this state meets
the licensing requirements of this section and is permitted to operate as a
life settlement broker in this state.
(3) A life
settlement broker may use the term viatical settlement broker to describe the
business transacted under the license and may use the term viatical settlement
contract instead of life settlement contract. [1995 c.342 §4; 2009 c.711 §4]
Plain English Explanation
This Oregon statute addresses Life
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Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 744.323
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Life
. 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 § 744.323. Use this format in legal documents and court filings.
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