Definitions.

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(1) "Business entity" means a corporation, limited liability company, partnership, limited liability partnership, association or other legal entity that is incorporated, organized or authorized to engage in business in this state.

(2) "Insurance consultant" means a person that meets the description in ORS 744.605 of a person that engages in business as an insurance consultant.

(3) "Licensee" means a person that holds a valid and unexpired license to engage in business as an insurance consultant that the person obtained under ORS 744.614.

(4) "Person" means an individual or a business entity.

(5) "Resident" means a licensee that resides or maintains a principal place of business in this state. [2019 c.151 §11]


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