(a) Who holds a current license, certificate or registration in a profession which is regulated or governed by a board established by the Legislative Assembly;
(b) Whose principal office is in Oregon;
(c) Who is engaged in the private practice of the profession; and
(d) Who is not exempted by the commission from belonging to a professional liability fund managed by the commission.
(2) For purposes of subsection (1) of this section, a person is not engaged in the private practice of a profession if the person is a full-time employee of a corporation other than a corporation incorporated under ORS chapter 58, the state, an agency or department thereof, a county, city, special district or any other public or municipal corporation or any instrumentality thereof. However, a person who practices a profession outside of the person’s full-time employment is engaged in the private practice of the profession.
(3) For the purposes of subsection (1) of this section, the principal office of a person is considered to be the location where the person engages in the private practice of a profession more than 50 percent of the time engaged in that practice. In the case of a person in a branch office outside Oregon, if the main office to which the branch office is connected is in Oregon, the principal office of the person is not considered to be in Oregon unless the person engages in the private practice of a profession in Oregon more than 50 percent of the time engaged in that practice. [1987 c.774 §92]