Oregon Statutes 734.550 – Oregon Insurance Guaranty Association; all insurers required to be members; formation of operating plan
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There is created the Oregon Insurance Guaranty Association. Each insurer that is a member insurer shall become and remain a member of the association as a condition of its authority to transact insurance in this state. The association shall perform its functions in accordance with a plan of operation established under ORS § 734.590, and shall exercise its powers through its board of directors. [1971 c.616 § 6]
