OAR 836-071-0355
Limited License Application, Rental Companies; Required Information


(1)

On and after October 1, 2000, a rental company must hold a limited license in order to transact insurance as authorized by ORS 744.854 (Kinds of insurance authorized by limited license). An applicant for a limited license as a rental company as authorized by 744.854 (Kinds of insurance authorized by limited license) shall apply for a limited license to the Director of the Department of Consumer and Business Services electronically on a form established by the Director in accordance with directions set forth on the Division of Financial Regulation website of the Department of Consumer and Business Services at www.insurance.oregon.gov. The applicant shall include the following information in the application:

(a)

The applicant’s corporate, firm or other business entity name, the business address and telephone number of the principal place of business and the business address and telephone number of each additional location at which the applicant will transact business under the license;

(b)

All assumed business names and other names under which the applicant will engage in business under the license;

(c)

The names of all officers and directors or partners, or the sole proprietor or the owners if the applicant is other than a corporation or a partnership, and the name of the executive designated as the statewide filing officer as required by ORS 744.856 (Conditions for offer or sale of insurance);

(d)

Whether any of the following has occurred with respect to an officer or director of the applicant, or a partner, or the sole proprietor or any of the owners if the applicant is other than a corporation or a partnership:

(A)

Conviction of or indictment for a crime, including a felony involving dishonesty or a breach of trust to which 18 U.S.C. sec. 1033 applies;

(B)

A judgment entered against the officer, director, partner, sole proprietor or owner if the applicant is other than a corporation or a partnership, for fraud;

(C)

A claim of indebtedness by an insurer or agent, and the details of any such indebtedness; or

(D)

Refusal, revocation or suspension of any license to act in any occupational or professional capacity in this or any other state;

(e)

All states and provinces of Canada in which the applicant or an officer, director or partner of the applicant, or a sole proprietor or owner if the applicant is other than a corporation or a partnership, currently holds a license to engage in the transaction of insurance, or has held such a license within ten years prior to the date of the application;

(f)

Whether any firm or corporation of which an officer, director or partner of the applicant, or the sole proprietor or an owner if the applicant is other than a corporation or a partnership, is or has been an officer, director, partner, sole proprietor or owner has ever filed for bankruptcy or been adjudged a bankrupt; and

(g)

Any other information requested by the Director in the license application form.

(2)

The applicant shall include with the application the following:

(a)

The course of study to be used by the applicant for the training program for employees and designated agents concerning the kinds of coverage offered under the license;

(b)

A certification by the applicant that all employees and designated agents to be involved in the sale or offer of coverage to members of the public have completed or will complete the training program prior to conducting the sales or offers; and

(c)

A certification by the applicant that all employees and designated agents to be involved in the sale or offer of coverage to members of the public will receive continuing education on a regular basis concerning the topics covered in the training program.

(d)

A copy of the insurance sales material to be made available to renters of vehicles through the licensee.

(3)

Each application shall be accompanied by a $200 fee.

(4)

During the review of an application, the Director may require any other information that the Director determines will assist consideration of the application.

Source: Rule 836-071-0355 — Limited License Application, Rental Companies; Required Information, https://secure.­sos.­state.­or.­us/oard/view.­action?ruleNumber=836-071-0355.

836‑071‑0101
Adjuster and Insurance Consultant License Application
836‑071‑0105
Additional Application Information
836‑071‑0108
Limited Class Insurance Licenses
836‑071‑0110
Fingerprints
836‑071‑0112
Social Security Numbers
836‑071‑0113
Crop Insurance
836‑071‑0115
Satisfaction of Qualifications for Classes of Insurance
836‑071‑0117
Managing General Agents
836‑071‑0118
Requirements That Must Be Completed Prior to Submitting Licensing Application
836‑071‑0120
Examination Procedure
836‑071‑0125
Period for Completion of License Application
836‑071‑0127
Examination Scores
836‑071‑0130
Adjuster or Insurance Consultant License Renewal
836‑071‑0135
Renewal of Expired Adjuster or Insurance Consultant License
836‑071‑0140
License Amendment
836‑071‑0145
Amended License Issuance
836‑071‑0146
Individual Insurance Producer License Expiration Date
836‑071‑0148
Extended License Expiration Date, Active Military Duty and Other Extenuating Circumstances
836‑071‑0150
Errors and Omissions Insurance
836‑071‑0160
Errors and Omissions Insurance
836‑071‑0180
Insurance Producer Pre-Examination Requirements
836‑071‑0185
Qualification of Agents Selling Variable Life Insurance, Including Variable Annuities
836‑071‑0190
Registration of a School
836‑071‑0195
Revocation of Registration of a School
836‑071‑0210
Statutory Authority
836‑071‑0215
Continuing Education Requirements for Insurance Producers
836‑071‑0220
Continuing Education
836‑071‑0225
Continuing Education
836‑071‑0230
Continuing Education
836‑071‑0235
Provider Registration
836‑071‑0240
Course Registration
836‑071‑0242
Provider Trade Practices
836‑071‑0245
Revocation of Provider Registration
836‑071‑0247
Requirements for Granting Credit
836‑071‑0250
Credit for Unregistered Courses
836‑071‑0260
Fees Charged by Insurance Producers
836‑071‑0263
Fees Charged by Insurance Consultants or Insurance Producers
836‑071‑0267
Incidental Charges for Customer Services
836‑071‑0269
Purpose and Authority
836‑071‑0272
Scope of OAR 836-071-0269 to 836-071-0277
836‑071‑0274
Service Fees Prohibited on Personal Lines
836‑071‑0277
Service Fees Allowed on Commercial Lines
836‑071‑0280
Permitted and Prohibited Activities of Insurance Personnel Exempt from Insurance Producer License Requirement
836‑071‑0285
Insurance Producer Review of Applications
836‑071‑0287
Transaction of Group Life, Health Insurance by Insurance Producer without Appointment
836‑071‑0291
Certificate of Deposit in Lieu of Trust Account
836‑071‑0295
Transaction of Insurance by Individual Insurance Producer for Appointed Firm or CorporateInsurance Producer
836‑071‑0297
Permitted Transaction of Insurance by Unappointed Insurance Producer
836‑071‑0300
Requirement of Contract with or Employment of Licensee
836‑071‑0310
Referral Fee from Oregon Medical Insurance Pool
836‑071‑0315
Managing General Agents
836‑071‑0320
Managing General Agents
836‑071‑0321
Terms for OAR 836-071-0323 to 836-071-0346
836‑071‑0323
License Applicants and Licensees with Prior Convictions
836‑071‑0326
Application by Person under OAR 836-071-0323
836‑071‑0328
Unlicensed Individuals with Prior Convictions Who are Engaged or Participate in Business of Insurance
836‑071‑0331
Director’s Procedures, Application for Consent
836‑071‑0336
Factors to be Considered by the Director
836‑071‑0341
Issuance of Written Consent
836‑071‑0346
Denial of Consent
836‑071‑0351
Subsequent Conviction of Person Previously Granted Written Consent
836‑071‑0354
Designated Agent
836‑071‑0355
Limited License Application, Rental Companies
836‑071‑0360
License Renewal
836‑071‑0370
List of Employees and Designated Agents Selling Coverage
836‑071‑0380
Course of Training for Training Program and for Continuing Education
836‑071‑0390
Statewide Filing Officer
836‑071‑0400
Applicable Insurance Code Statutes
836‑071‑0405
Statutory Purpose and Authority
836‑071‑0410
Limited License Application, Self-Service Storage Facility
836‑071‑0415
Materials and Requirements of Application
836‑071‑0420
Requirements for Limited Licensee, List of Employees Selling Coverage
836‑071‑0425
Limited License Renewal
836‑071‑0430
Remission to Insurer
836‑071‑0450
Requirements for Limited Travel Insurance Producer and Travel Retailer
836‑071‑0500
Nonresident Licensing and Placement Requirements
836‑071‑0501
Allocation of Coverage Totals on Multi-state Policies
836‑071‑0550
Statutory Purpose and Authority
836‑071‑0560
Limited License Application, Portable Electronics Insurance Coverage
836‑071‑0565
Limited License Renewal
836‑071‑0570
List of Employees Selling Coverage
Last Updated

Jun. 8, 2021

Rule 836-071-0355’s source at or​.us