Oregon Statutes 746.219 – Investigatory powers
(1) The Director of the Department of Consumer and Business Services may examine and investigate the insurance activities of any person that the director believes may be in violation of ORS § 746.213, 746.215 or 746.217. Upon request and reasonable notice, a person shall make its insurance books and records available to the director and the director’s staff for inspection. An affected person may submit to the director a complaint or material pertinent to the enforcement of ORS § 746.213, 746.215 and 746.217.
Terms Used In Oregon Statutes 746.219
- Complaint: A written statement by the plaintiff stating the wrongs allegedly committed by the defendant.
- Mortgagor: The person who pledges property to a creditor as collateral for a loan and who receives the money.
- Person: includes individuals, corporations, associations, firms, partnerships, limited liability companies and joint stock companies. See Oregon Statutes 174.100
- Personal property: All property that is not real property.
(2) Nothing in ORS § 746.213, 746.215 or 746.217 prevents a depository institution or an affiliate of a depository institution that lends money or extends credit or other lender or seller from placing insurance on real or personal property in the event the customer, borrower, mortgagor or purchaser fails to provide insurance required under the terms of the loan or credit document.
(3) ORS § 746.213, 746.215 and 746.217 do not apply to credit-related insurance. [2003 c.363 § 5]
See note under 746.213.