Limitations on authority of insurer and managing general agent.

  1. Law
  2. Oregon Revised Statutes
  3. Financial Institutions, Insurance
  4. Insurance Producers; Life Settlement Providers, Brokers and Contracts; Adjusters; Consultants; Third Party Administrators; Reinsurance Intermediaries; Limited Licenses
  5. Limitations on authority of insurer and managing general agent.

Checkout our iOS App for a better way to browser and research.


(2) Neither an insurer nor a managing general agent may allow a subagent of the managing general agent to serve on the board of directors of the insurer.

(3) An insurer and a managing general agent may not jointly employ any individual. [1991 c.495 §6]


Download our app to see the most-to-date content.