Section 750.525 – Inapplicability of ORS 750.505 to 750.715 to certain legal services.
ORS 750.505 to 750.715 do not apply to the following arrangements: (1) A retainer contract that an attorney or firm of attorneys makes with a specific individual, under the terms of which the attorney or firm bases fees on reasonable estimates of the nature and amount of services the attorney or firm will provide, and […]
Section 750.695 – ORS 750.505 to 750.715 not to affect regulation of practice of law; plan not subject to Insurance Code.
(1) ORS 750.505 to 750.715 do not affect the regulation of the practice of law. (2) Except as provided in ORS 750.505 to 750.715, legal expense plans are not subject to the Insurance Code. [1989 c.331 §20]
Section 750.321 – Assessment; maintenance of capital and surplus.
(1) Benefit plans issued by a trust must provide for a charge or deposit payable in cash and, except as provided in this section, for an assessment against member employers for purposes of subsection (2) of this section at least equal to one month’s contribution by the employer. The assessment may be prefunded. A member […]
Section 750.323 – Notice of coverage under plan.
(1) A trust shall provide notice of the following in writing to each individual applying to be covered by a multiple employer welfare arrangement: (a) The fact that the multiple employer welfare arrangement is subject to less stringent solvency protection and regulation than are insurers holding certificates of authority. (b) The fact that in the […]
Section 750.325 – Filings by trust.
(1) Each multiple employer welfare arrangement holding a certificate of multiple employer welfare arrangement must file an annual financial statement with the Director of the Department of Consumer and Business Services. The statement must conform to the requirements of ORS 731.574 applicable to annual statements filed by insurers. The director may request additional filings as […]
Section 750.327 – Examinations.
A multiple employer welfare arrangement and its board of trustees and each administrator, insurer or trustee related to the trust or multiple employer welfare arrangement are subject to investigation and examination in the same manner and to the same extent as an insurer under ORS 731.296 to 731.316. [1993 c.615 §16] Note: See note under […]
Section 750.329 – Taxation.
(1) A multiple employer welfare arrangement is subject to taxation to the same extent and in the same manner as an insurer transacting health insurance in this state. (2) For purposes of this section, contributions received by a trust for a multiple employer welfare arrangement shall be considered to be premiums received for insurance. [1993 […]
Section 750.330
[1973 c.97 §7; 1989 c.331 §26; renumbered 750.655 in 1989]
Section 750.331 – Prohibited activities for trustee or officer.
In addition to limitations and restrictions imposed by the federal Employee Retirement Income Security Act of 1974, as amended, 29 U.S.C. 1001 et seq., on trustees or officers in their capacity as fiduciaries, a trustee or officer of a trust carrying out a multiple employer welfare arrangement shall not do any of the following: (1) […]
Section 750.333 – Applicable provisions of Insurance Code; rules.
(1) The following provisions apply to trusts carrying out a multiple employer welfare arrangement: (a) ORS 705.137, 705.138 and 705.139. (b) ORS 731.004 to 731.150, 731.162, 731.216 to 731.268, 731.296 to 731.316, 731.324, 731.328, 731.378, 731.386, 731.390, 731.398, 731.406, 731.410, 731.414, 731.418 to 731.434, 731.454, 731.484, 731.486, 731.488, 731.512, 731.574 to 731.620, 731.640 to 731.652, […]