Or. Admin. R. 836-014-0285

Current through Register Vol. 63, No. 8, August 1, 2024
Section 836-014-0285 - Disclosures to Insurer

Before initiating a plan, transaction or series of transactions, a life settlement broker or life settlement provider shall fully disclose to an insurer the plan, transaction or series of transactions to which the life settlement broker or life settlement provider is a party, to originate, renew, continue or finance a life insurance policy with the insurer for the purpose of engaging in the business of life settlements at anytime prior to, or during the first five years after, issuance of the policy.

Or. Admin. R. 836-014-0285

ID 1-2010, f. & cert. ef. 1-5-10

Stat. Auth.: ORS 731.244, 744.331, 744.358

Stats. Implemented: ORS 744.326, 744.328, 744.331, 744.341, 744.358, section 12, chapter 711, Oregon Laws 2009