(1) A warrantor may not use in the warrantor’s name:

Terms Used In Oregon Statutes 646A.446

  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.

(a) ‘Casualty,’ ‘surety,’ ‘insurance,’ ‘mutual’ or any other word descriptive of the casualty, insurance or surety business; or

(b) A name deceptively similar to the name or description of any insurance company, surety corporation or other warrantor.

(2) A warrantor may use the word ‘guaranty’ or a similar word in the warrantor’s name. [2007 c.685 § 9]