(2) An applicant for a license to engage in business as a nonresident adjuster must:
(a) Apply for the license as provided in ORS 744.518; and
(b) Pass an examination that the director by rule recognizes as adequately testing the applicant’s qualifications, competence and knowledge of the categories of insurance business and classes of insurance that the applicant intends to transact under a license and the applicant’s knowledge of an adjuster’s duties and responsibilities under the Insurance Code and other laws of this state, if the applicant is an individual and has not passed an examination with respect to a category of insurance business or class of insurance that the applicant intends to transact in this state. [1989 c.701 §46; 1991 c.810 §13; 2019 c.151 §27]