(1) The Director of the Department of Consumer and Business Services may suspend or revoke a limited license the director issued under ORS § 744.862, or may impose another penalty the director prescribes by rule, if:

Ask an insurance law question, get an answer ASAP!
Click here to chat with a lawyer about your rights.

(a) A licensee sells or offers to sell insurance other than insurance described in ORS § 744.864;

(b) An owner sells or offers to sell insurance to an occupant without obtaining a limited license in accordance with ORS § 744.862; or

(c) An owner or licensee violates another provision of ORS § 744.860 to 744.870.

(2) The director may suspend or revoke a limited license under this section with respect to all or a portion of the licensee’s self-service storage facilities. [2013 c.280 § 6]