Oregon Statutes - Chapter 734 - Rehabilitation, Liquidation and Conservation of Insurers - Section 734.190 - Grounds for conservation of foreign and alien insurers.

The Director of the Department of Consumer and Business Services may apply for an order directing the director to conserve the assets within this state of a foreign or alien insurer upon any one or more of the following grounds:

(1) Any of the grounds specified in ORS 734.150; or

(2) That its property has been sequestrated in any jurisdiction. [1967 c.359 §273; 1993 c.447 §98]

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Last modified: August 7, 2008