Oregon Statutes 734.710 – Administration of delinquency proceeding claims and expenses; application of ORS 734.014, 734.026 and 734.110 to 734.440 to insurers
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(1) In any delinquency proceeding involving a member insurer, the claims and expenses of the insurer shall be administered as provided in ORS § 734.510 to 734.710.
Terms Used In Oregon Statutes 734.710
- Delinquency proceeding: means any proceeding commenced against an insurer pursuant to this chapter for the purpose of liquidating, rehabilitating or conserving the insurer. See Oregon Statutes 734.014
(2) Except as otherwise provided in ORS § 734.510 to 734.710, ORS § 734.014, 734.026 and 734.110 to 734.440 apply to a member insurer. [1971 c.616 § 23]
OREGON LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION