Section 752.015 – Determination of need for professional liability fund.
(1) If the Director of the Department of Consumer and Business Services finds, after hearings, that qualified members of any profession are unable to obtain insurance for damages arising out of professional negligence or that such professional liability insurance is not available at a reasonable cost to such members, the director may determine that a […]
Section 752.025 – Commission; appointment; membership; term of office.
(1) After a determination of necessity by the director under ORS 752.015, the Governor may appoint a commission for each professional liability fund that the Director of the Department of Consumer and Business Services proposes to implement. (2) Each commission appointed pursuant to subsection (1) of this section shall consist of nine individuals appointed by […]
Section 752.035 – Professional liability funds; establishment; minimum insurance coverage; authority of commission.
A professional liability fund commission appointed pursuant to ORS 752.025 shall establish a professional liability fund for qualified members of the appropriate profession. When a fund is established under this section: (1) The commission shall require all qualified members of the profession to carry professional liability insurance offered by the fund with primary liability limits […]
Section 752.045 – Rules; reports by commissions; exemption from Insurance Code and Insurance Guaranty Association.
(1) The Director of the Department of Consumer and Business Services shall adopt rules for the establishment of professional liability funds by the commissions described in ORS 752.025. Such rules shall include, but need not be limited to, rules requiring annual reports from the commissions. (2) The commissions shall report to the director annually on […]
Section 752.055 – Short title.
ORS 752.005 to 752.055 shall be known and may be cited as “The Oregon Professional Liability Funds Law.” [1987 c.774 §93b]
Section 750.535 – Registration requirements.
An applicant for registration as a legal expense organization must do all of the following in order to obtain registration: (1) Apply for the registration under ORS 750.545. (2) File with the Director of the Department of Consumer and Business Services in writing the address, including street and number, and mailing address, if different, of […]
Section 750.545 – Application; fee.
(1) An applicant for a certificate of registration shall apply to the Director of the Department of Consumer and Business Services on a form prescribed by the director. The application shall be accompanied by the applicable fee established by the director. (2) An application shall include the following information: (a) The applicant’s name and the […]
Section 750.555 – Issuance of certificate of registration.
(1) If the Director of the Department of Consumer and Business Services determines that an applicant has satisfied all requirements of ORS 750.535 and 750.545, the director shall issue the certificate of registration to the applicant. (2) If the director denies a registration application, the director shall so inform the applicant, stating the grounds for […]
Section 750.565 – Duration of certificate; renewal; fee.
(1) A certificate of registration of a legal expense organization is effective for one year from the date of issue. (2) A legal expense organization may renew its certificate of registration by paying the applicable fee established by the Director of the Department of Consumer and Business Services. [1989 c.331 §8; 1991 c.401 §12]
Section 750.575 – Grounds for suspension or revocation of certificate or refusal to issue or renew certificate.
(1) The Director of the Department of Consumer and Business Services may suspend, revoke, refuse to issue or refuse to renew a certificate of registration for any one or any combination of the following reasons: (a) Fraud or deceit in obtaining or applying for the certificate. (b) Dishonesty, fraud or gross negligence in the transaction […]