735.320
Relationship to insurance guaranty fund and joint underwriting association. (1) No risk retention group shall
be permitted to join or contribute financially to any insurance insolvency
guaranty fund, or similar mechanism, in this state. No risk retention group, or
its insureds, shall receive any benefit from any such fund for claims arising
out of the operations of the risk retention group.
(2) A risk
retention group shall participate in this state’s joint underwriting
associations and mandatory liability pools as provided by the Insurance Code. [1987
c.774 §102]
Notes of Decisions
Nat'l Warranty Ins. v. Greenfield, 24 F. Supp. 2d 1096 (D. Or. 1998).
· cites it 2× “§ 3902 (a)(2), Oregon expressly prohibits RRGs from joining or financially contributing to an insurance insolvency association, including the OIGA ORS 735.320(1). An “authorized insurer” in Oregon must be a member of the OIGA ORS 734.”
Or. Rev. Stat. § 735.320(1): 1 case
Nat'l Warranty Ins. v. Greenfield, 24 F. Supp. 2d 1096 (D. Or. 1998).
“§ 3902 (a)(2), Oregon expressly prohibits RRGs from joining or financially contributing to an insurance insolvency association, including the OIGA ORS 735.320(1). An “authorized insurer” in Oregon must be a member of the OIGA ORS 734.”
Annotations are extracted automatically from the opinions in the
Syfert caselaw corpus and ranked by authority, recency, and
treatment. Dots show Syfertize treatment of the citing case itself.