Oregon Code § 744.525·Enacted ·Last updated March 01, 2026
Statute Text
Resident adjuster qualifications; rules.
(1) An individual who applies for a license to engage
in business as a resident adjuster must:
(a) Establish a
residence or place of business in which the applicant intends to transact
insurance in this state before submitting an application;
(b) Pass an
examination that the Director of the Department of Consumer and Business
Services by rule recognizes as adequately testing the applicants
qualifications, competence and knowledge of the categories of insurance
business and classes of insurance that the applicant intends to transact under
a license and the applicants knowledge of an adjusters duties and
responsibilities under the Insurance Code and other laws of this state;
(c) Be
trustworthy and reliable and have a good reputation, evidence of which the
director will evaluate; and
(d) Be 18 years
of age or older at the time the applicant becomes a licensee.
(2) A business
entity that applies for a license to engage in business as a resident adjuster
must:
(a) Establish an
office in this state that employs a licensee; and
(b) Employ or act
under the direction of owners or officers who are trustworthy and reliable and
have good reputations, evidence of which the director will evaluate.
(3) In addition
to the requirements set forth in subsection (1) or (2) of this section, as
appropriate, an applicant must satisfy any other requirement the director
specifies by rule.
(4) The director
may agree or contract with another jurisdiction, regulatory body, private
vendor or other person to administer any required examinations and to collect
fingerprints, documentation and any fees that an applicant or licensee submits
under ORS 744.518 or 744.521 and that the director by rule specifies that the
jurisdiction, regulatory body, vendor or person may collect. [1967 c.359 §561;
1971 c.231 §34; 1973 c.827 §81; 1983 c.76 §12; 1989 c.701 §45; 2019 c.151 §26]