(1) Every advisory organization shall file with the Director of the Department of Consumer and Business Services:
(a) A copy of its constitution, its articles of agreement or association or its certificate of incorporation and of its bylaws, rules and regulations governing its activities.
(b) A list of its members.
(c) The name and address of a resident of this state upon whom notices may be served.
(d) An agreement that the director may examine such advisory organization in accordance with ORS 737.515.
(2) Any insurer which makes its own filings or any rating organization may support its filings by statistics or adopt rate-making recommendations furnished to it by an advisory organization which has complied with this section. If, after a hearing, the director finds that the furnishing of such information or assistance involves any act or practice which is unfair or unreasonable or otherwise inconsistent with this chapter, the director may issue a written order specifying in what respects such act or practice is unfair or unreasonable or otherwise inconsistent with this chapter. If the act or practice thus specified is not modified to comply with such order, the director may issue an order requiring any insurer which makes its own filings or any rating organization to discontinue the use of the statistics or rate-making recommendations furnished to it by such advisory organization. [Amended by 1967 c.359 §328; 1969 c.690 §23]
Section: Previous 737.370 737.375 737.380 737.385 737.386 737.390 737.505 737.510 737.512 737.515 737.520 737.525 737.526 737.530 737.535 NextLast modified: August 7, 2008