Copy of bylaws of domestic mutual insurer to be provided to director; provisions of bylaws.

  1. Law
  2. Oregon Revised Statutes
  3. Financial Institutions, Insurance
  4. Organization and Corporate Procedures of Domestic Insurers; Regulation of Insurers Generally
  5. Copy of bylaws of domestic mutual insurer to be provided to director; provisions of bylaws.

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(1) Any breach of the director’s duty of loyalty to the mutual insurer or its members;

(2) Acts or omissions not in good faith or that involve intentional misconduct or a knowing violation of law;

(3) Any unlawful distribution; or

(4) Any transaction from which the director derived an improper personal benefit. [2001 c.352 §4]


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