(1) The Director of the Department of Consumer and Business Services may place a condition of probation on an adjuster or insurance consultant license or on a category of insurance business authorized by a license or on a class of insurance if any ground for disciplinary action under ORS 744.013 exists, as follows:
(a) When the license is initially issued.
(b) When the license is renewed, amended or reinstated, or when a new license is issued for the purpose of adding a category of insurance business or class of insurance.
(c) At any time during the effective period of the license.
(2) During a probationary period under this section, the director may take any action authorized under ORS 744.013.
(3) A license applicant or licensee has the same right to a hearing on the placing of a condition of probation as the license applicant or licensee has with respect to any action taken by the director under ORS 744.013. [Formerly 744.260; 2001 c.191 §32]Section: Previous 744.007 744.008 744.009 744.010 744.011 744.012 744.013 744.014 744.015 744.016 744.017 744.018 744.020 744.022 744.024 Next
Last modified: August 7, 2008