Oregon Statutes - Chapter 731 - Administration and General Provisions - Section 731.012 - Effect of federal law.

The Insurance Code shall regulate the business of insurance and every person engaged therein in accordance with the intent of Congress as expressed in the Act of March 9, 1945, as amended (Public Law 15, 79th Congress, 15 U.S.C. 1011 to 1014) which states in part that no Act of Congress shall be construed to invalidate, impair or supersede any law enacted by any state for the purpose of regulating the business of insurance, or which imposes a fee or tax upon such business, unless such Act specifically relates to the business of insurance. [1967 c.359 §3]

Section:  Previous  731.004  731.008  731.010  731.012  731.016  731.020  731.022  731.026  731.028  731.030  731.032  731.036  731.038  731.039  731.040  Next

Last modified: August 7, 2008