If the Director of the Department of Consumer and Business Services finds that a managing general agent has violated any provision of ORS 744.300 to 744.316, the director may order the managing general agent to reimburse the insurer or the rehabilitator or liquidator of the insurer for losses incurred by the insurer because of the violation. The director may take action under this section in addition to or instead of any other action the director may take under the Insurance Code. [1993 c.447 §63c]
Section: Previous 744.306 744.308 744.310 744.311 744.313 744.314 744.315 744.316 744.319 744.320 744.321 744.323 744.325 744.326 744.328 NextLast modified: August 7, 2008