Department of Consumer and Business Services
Insurance Regulation - Chapter 836
Division 71
INSURANCE LICENSING
836-071-0117
Managing General Agents; Amount of Claims Adjustment or Payment for Purposes of Statutory Definition
For the purpose of establishing under ORS 744.300 whether a person is acting as a managing general agent, the amount of $10,000 is the amount of claims that the Director must determine under 744.300(3)(b)(A).
Statutory/Other Authority: ORS 731.244, 744.300, 744.306, 744.313 & 744.314
History:
ID 6-1992, f. & cert. ef. 3-26-92