Or. Admin. Code § 836-054-0400

Current through Register Vol. 64, No. 1, January 1, 2025

Section 836-054-0400 - Purpose and Scope of OAR 836-054-0410

The purpose of OAR 836-054-0400 to 836-054-0410 is to wind down an emergency order by the director of the Department of Consumer and Business Services. Under ORS 731.870, the director may order the temporary postponement of insurance policy nonrenewals. This rule provides that expiration of an emergency order is a valid reason to cancel a commercial liability policy under ORS 742.702 if the emergency order was the sole reason the policy was renewed.

ID 5-2020, temporary adopt filed 07/27/2020, effective 7/27/2020through 1/22/2021; ID 1-2021, adopt filed 01/21/2021, effective 1/22/2021

Statutory/Other Authority: ORS 731.244 & ORS 742.702

Statutes/Other Implemented: ORS 742.702 & ORS 731.870