When credit life insurance or credit health insurance, as defined in ORS 743.371, is required as additional security for any indebtedness, the debtor shall, upon request to the creditor, have the option of furnishing the required amount of insurance through existing policies of insurance owned or controlled by the debtor or of procuring and furnishing the required coverage through any authorized insurer. [Formerly 739.615]
Section: Previous 746.205 746.210 746.211 746.213 746.215 746.217 746.219 746.220 746.222 746.225 746.230 746.240 746.250 746.260 746.265 NextLast modified: August 7, 2008