When director may authorize lower standards.

1. Law
2. Oregon Revised Statutes
3. Financial Institutions, Insurance
4. Health and Life Insurance
5. When director may authorize lower standards.

(1) Will provide a more accurate reflection of the readability of a policy form;

(2) Is warranted by the nature of a particular policy form or type or class of policy forms; or

(3) Is caused by certain policy language drafted to conform to the requirements of any state law, regulation or agency interpretation. [Formerly 743.368]

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