746.213 Definitions for ORS 746
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/or/ors-chapter-746/trade-practices/warning/746-213·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
746.213 Definitions for ORS 746.213 to 746.219. As used in ORS 746.213 to 746.219:
(1)“Affiliate” means any company that controls, is controlled by or is under common control with another company.
(2)“Customer” means an individual who purchases, applies to purchase or is solicited to purchase insurance products primarily for personal, family or household purposes.
(3)“Depository institution” means a financial institution as that term is defined in ORS 706.008. [2003 c.363 §2]
Note: 746.213 to 746.219 were added to and made a part of the Insurance Code by legislative action but were not added to ORS chapter 746 or any series therein. See Preface to Oregon Revised Statutes for further explanation.