Oregon Statutes 750.645 – Annual report; content; names of sales and marketing representatives to be submitted
(1) Each organization shall provide annually to the Director of the Department of Consumer and Business Services in as much detail as the director may require:
Terms Used In Oregon Statutes 750.645
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
- Violate: includes failure to comply. See Oregon Statutes 174.100
(a) A verified financial statement detailing the legal expense organization’s assets, liabilities, unearned premium reserve, loss records and such other items as the director may require so long as such reporting does not violate or conflict with the attorney-client privilege recognized under the laws of the State of Oregon; and
(b) A list of the names and addresses of the organization’s providing attorneys.
(2) Every legal expense organization shall submit to the director the names of its sales and marketing representatives and their addresses not later than January 1 and July 1 of each year. [1989 c.331 17,18]