As used in ORS 732.810 to 732.814:
- (1) “Control” has the meaning given that term in ORS 732.548.
- (2) “Controlled insurer” means an authorized insurer that an insurance producer controls directly or indirectly.
- (3) “Controlling producer” means an insurance producer who directly or indirectly controls an insurer.
(4)
- (a) “Insurance producer” has the meaning given that term in ORS 731.104.
- (b) “Insurance producer” does not include a person who sells, solicits or negotiates an insurance contract on the insurance producer’s behalf.
Note: 732.810 to 732.814 were added to and made a part of the Insurance Code by legislative action but were not added to ORS chapter 732 or any series therein. See Preface to Oregon Revised Statutes for further explanation.
[1993 c.447 §58; 2003 c.364 §82; 2013 c.370 §34]