Oregon Revised Statutes Chapter 744 § 744.324 — Life
Oregon Revised Statutes Chapter 744 ·
Oregon Code § 744.324·Enacted ·Last updated March 01, 2026
Statute Text
Life
settlement investment agents.
A person shall not operate as a life settlement investment agent unless the
person holds a license of life settlement investment agent issued by the
Director of the Department of Consumer and Business Services or the person has
obtained the appropriate license from the equivalent chief insurance regulatory
official of the state of residence of the life settlement purchaser whom the
agent is negotiating with on behalf of a life settlement provider. If there is
more than one purchaser of a single policy and the purchasers are residents of
different states, the life settlement investment agent must be licensed by the
state in which the purchaser having the largest percentage ownership resides
or, if the purchasers hold equal ownership, the state of residence of one
purchaser agreed upon in writing by all purchasers. [2009 c.711 §5]
Plain English Explanation
This Oregon statute addresses Life
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Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 744.324
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 § 744.324. Use this format in legal documents and court filings.
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