(1) The Director of the Department of Consumer and Business Services shall adopt rules for the establishment of professional liability funds by the commissions described in ORS 752.025. Such rules shall include, but need not be limited to, rules requiring annual reports from the commissions.
(2) The commissions shall report to the director annually on the operations of the fund. The reports shall contain any information required by the director.
(3) A professional liability fund established under ORS 752.005 to 752.055 shall be subject to the rules of the director adopted under subsection (1) of this section. Such funds shall not be otherwise subject to the Insurance Code, and shall not participate in the Oregon Insurance Guaranty Association. [1987 c.774 §93a]
Section: Previous 752.010 752.015 752.020 752.025 752.030 752.035 752.040 752.045 752.050 752.055 752.060 752.070 752.080 752.090 752.100 NextLast modified: August 7, 2008