As used in ORS § 743.402 to 743.498, the word ‘insured’ shall not be construed as preventing a person other than the insured with a proper insurable interest from making application for and owning a policy covering the insured or from being entitled under such a policy to any indemnities, benefits and rights provided therein. [1967 c.359 § 454; 2011 c.9 § 95]

Terms Used In Oregon Statutes 743.486

  • Person: includes individuals, corporations, associations, firms, partnerships, limited liability companies and joint stock companies. See Oregon Statutes 174.100