Oregon Revised Statutes

Or. Rev. Stat. § 734.530 (2026)

Construction

✓ current as of May 2026
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      734.530 Construction. ORS 734.510 to 734.710 shall be liberally construed to effect the purposes provided in ORS 734.520. [1971 c.616 §3]

Notes of Decisions
Cited in 3 cases, 1989–1997 · leading case: Bird v. Norpac Foods, Inc., 934 P.2d 382 (Or. 1997).
Bird v. Norpac Foods, Inc., 934 P.2d 382 (Or. 1997). “710 is to provide for the payment of covered claims under certain insurance policies to avoid excessive delay in payment and to avoid financial loss to claimants or policyholders because of the insolvency of an insurer, to assist in the detection and prevention of insurer…”
Taylor v. Oregon Ins. Guar. Ass'n, 783 P.2d 49 (Or. Ct. App. 1989). “ORS 734.530. When an insurer becomes insolvent, OIGA must pay the then existing “covered claims” of the insurer or those that arise within 30 days after insolvency.”
Oregon Ins. Guar. Ass'n v. Action Chrysler-Plymouth-Dodge, Inc., 820 P.2d 846 (Or. Ct. App. 1991). “…return of premiums. We construe ORS 734.510 to ORS 734.710 liberally to effect the purposes provided in ORS 734.520. ORS 734.530.”
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