Oregon Statutes - Chapter 744 - Insurance Producers; Life Settlement Providers, Brokers and Contracts; Adjusters; Consultants; Third Party Administrators; Reinsurance Intermediaries; Rental Company Limited Licenses - Section 744.018 - Reinstatement of license; modification of suspension.

With regard to any license issued under this chapter:

(1) The Director of the Department of Consumer and Business Services may reinstate a revoked license, any revoked category of insurance business or any revoked class of insurance. The director may grant reinstatement upon fulfillment by the former holder of the license of conditions set by the director.

(2) The director may modify the suspension of a license, a category of insurance business or a class of insurance and reinstate the license, category or class:

(a) At a time certain; or

(b) When the person subject to the suspension fulfills conditions set by the director for reinstatement. [1989 c.701 §12; 2001 c.191 §43]

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Last modified: August 7, 2008