§ 734.510 Definitions for ORS 734.510 to 734.710
§ 734.520 Purpose
§ 734.530 Construction
§ 734.540 Application
§ 734.550 Oregon Insurance Guaranty Association; all insurers required to be members; formation of operating plan
§ 734.555 Application to association of certain laws governing corporations; exception
§ 734.560 Association board of directors; terms; vacancies; compensation and expenses; quorum
§ 734.570 Required functions of association
§ 734.575 Refunds from association deposited in General Fund
§ 734.579 Recoupment assessments; rules
§ 734.580 Discretionary functions of association
§ 734.590 Plan of operation; submission to director; rules
§ 734.600 Contents of plan of operation
§ 734.610 Notification to association of insurer insolvency; furnishing association with premium information
§ 734.620 Notification of insolvency to insured persons; revocation of designation of servicing facility
§ 734.630 Assignment of claim rights; filing statements of paid claims; effect of claim settlements
§ 734.635 Disbursing assets of insolvent insurer to association; court approval; notice to other states
§ 734.640 Claim priority
§ 734.650 Notifying director of impaired insurers; examination; reports on impaired insurers
§ 734.660 Regulation of association as insurer
§ 734.670 Exemption of association from payment of fees and taxes
§ 734.690 Immunity from legal action
§ 734.695 Liability of insured of insolvent insurer
§ 734.700 Defense of claims on default of insolvent insurer
§ 734.710 Administration of delinquency proceeding claims and expenses; application of ORS 734.014, 734.026 and 734.110 to 734.440 to insurers

Terms Used In Oregon Statutes > Chapter 734 > Oregon Insurance Guaranty Association

  • Appeal: A request made after a trial, asking another court (usually the court of appeals) to decide whether the trial was conducted properly. To make such a request is "to appeal" or "to take an appeal." One who appeals is called the appellant.
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • City: includes any incorporated village or town. See Oregon Statutes 174.100
  • 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.
  • 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
  • Equitable: Pertaining to civil suits in "equity" rather than in "law." In English legal history, the courts of "law" could order the payment of damages and could afford no other remedy. See damages. A separate court of "equity" could order someone to do something or to cease to do something. See, e.g., injunction. In American jurisprudence, the federal courts have both legal and equitable power, but the distinction is still an important one. For example, a trial by jury is normally available in "law" cases but not in "equity" cases. Source: U.S. Courts
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • 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.
  • Quorum: The number of legislators that must be present to do business.
  • Receiver: means receiver, rehabilitator, liquidator or conservator, as the context may require. See Oregon Statutes 734.014
  • Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.
  • Service of process: The service of writs or summonses to the appropriate party.
  • Statute: A law passed by a legislature.