Oregon Code § 746.220·Enacted ·Last updated March 01, 2026
Statute Text
Debtors
option in furnishing credit life or credit health insurance.
When credit life insurance or
credit health insurance, as defined in ORS 743.371, is required as additional
security for any indebtedness, the debtor shall, upon request to the creditor,
have the option of furnishing the required amount of insurance through existing
policies of insurance owned or controlled by the debtor or of procuring and
furnishing the required coverage through any authorized insurer. [Formerly
739.615]
Plain English Explanation
This Oregon statute addresses Debtors
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Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 746.220
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Debtors
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