Department of Consumer and Business Services
Insurance Regulation - Chapter 836
Division 71
INSURANCE LICENSING
836-071-0351
Subsequent Conviction of Person Previously Granted Written Consent
A person to whom the Director has given a written consent to engage in the business of insurance shall notify the Director immediately if subsequently convicted of a crime. If the Director determines that the person has been convicted of an offense under 18 U.S.C. Section 1033 or any felony involving dishonesty or breach of trust making the person subject once again to the prohibitions in 18 U.S.C. Section 1033, the Director shall notify the person in writing by certified mail, return receipt requested, that the written consent previously issued has been withdrawn and that engaging in the business of insurance again violates 18 U.S.C. Section 1033.
Statutory/Other Authority: ORS 731.244
Statutes/Other Implemented: ORS 744.013
History:
ID 9-2000, f. & cert. ef. 10-24-00