Oregon Revised Statutes
For purposes of ORS 752.005 to 752.055, a “qualified member of a profession” means a person: Who holds a current license, certificate or registration in a profession which is regulated or governed by a board established by the Legislative Assembly; Whose principal office is in Oregon; Who is engaged in the private practice of the profession; and Who is n…
If the Director of the Department of Consumer and Business Services finds, after hearings, that qualified members of any profession are unable to obtain insurance for damages arising out of professional negligence or that such professional liability insurance is not available at a reasonable cost to such members, the director may determine that a professiona…
After a determination of necessity by the director under ORS 752.015, the Governor may appoint a commission for each professional liability fund that the Director of the Department of Consumer and Business Services proposes to implement. Each commission appointed pursuant to subsection (1) of this section shall consist of nine individuals appointed by the G…
A professional liability fund commission appointed pursuant to ORS 752.025 shall establish a professional liability fund for qualified members of the appropriate profession. When a fund is established under this section: The commission shall require all qualified members of the profession to carry professional liability insurance offered by the fund with pr…
The Director of the Department of Consumer and Business Services shall adopt rules for the establishment of professional liability funds by the commissions described in ORS 752.025. Such rules shall include, but need not be limited to, rules requiring annual reports from the commissions. The commissions shall report to the director annually on the operation…
ORS 752.005 to 752.055 shall be known and may be cited as “The Oregon Professional Liability Funds Law.”
_______________ CHAPTERS 753 TO 755 [Reserved for expansion]