OAR 836-050-0275
Credit Unions as Associations; Group Life Insurance

A credit union organized under ORS Chapter 723 (Credit Unions), a credit union authorized to conduct business as a credit union in this state under 723.042 (Interstate credit unions) or a federal credit union the principal office of which is located in Oregon is considered to be maintained primarily for purposes other than the procurement of insurance. Such a credit union may qualify as an association for the purposes of being the policyholder of a group life insurance policy if:

(1)

The credit union is authorized to provide insurance to its members under the laws under which the credit union is organized; and

(2)

The Director determines that the credit union otherwise satisfies the requirements of ORS 743.351 (Eligibility of association to be group life policyholder)(1).

Source: Rule 836-050-0275 — Credit Unions as Associations; Group Life Insurance, https://secure.sos.state.or.us/oard/view.action?ruleNumber=836-050-0275.

836‑050‑0000
Purpose, Statutory Authority and Implementation 836‑050‑0010
Notice of Transfer 836‑050‑0020
Notice of Rejection 836‑050‑0105
Statutory Authority 836‑050‑0110
Uniform Claim Forms 836‑050‑0115
Permitted Modifications to Uniform Forms 836‑050‑0120
Effective Date 836‑050‑0150
Advance Payments 836‑050‑0200
Purpose, Scope and Definitions 836‑050‑0205
Authority 836‑050‑0207
Unfair Trade Practices 836‑050‑0210
General Exclusions 836‑050‑0215
Pre-existing Condition Exclusions 836‑050‑0230
Purpose, Scope and Definitions 836‑050‑0235
Rulemaking Authority 836‑050‑0237
Unfair Trade Practices 836‑050‑0240
General Principles 836‑050‑0245
Medical and Lifestyle Application Questions and Underwriting Standards 836‑050‑0250
Testing for HIV Infection 836‑050‑0255
Inquiries Regarding Past Test Results 836‑050‑0275
Credit Unions as Associations 836‑050‑0280
Credit Unions as Association 836‑050‑0300
Purpose, Authority, Application 836‑050‑0305
Criteria for orders

Last Updated

Jun. 8, 2021

Rule 836-050-0275’s source at or.us

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Location: https://oregon.public.law/rules/oar_836-050-0275

Original Source: Rule 836-050-0275 — Credit Unions as Associations; Group Life Insurance, https://secure.sos.state.or.us/oard/view.action?ruleNumber=836-050-0275 (last accessed Jun. 8, 2021).