Insurance Policies Generally

ORS 742.505
Arbitration procedures under ORS 742.504


Unless the parties agree otherwise, arbitration proceedings under ORS 742.504 (Required provisions of uninsured motorist coverage) shall be conducted as follows:

(1)

Parties to an arbitration proceeding shall submit the dispute to arbitration by a panel of three arbitrators. The panel shall consist of one arbitrator chosen by each party and one arbitrator chosen by the two arbitrators previously chosen to sit on the panel.

(2)

An arbitration proceeding shall be conducted under local court rules in the county where the arbitration is held. [2007 c.328 §2]
Note: 742.505 (Arbitration procedures under ORS 742.504) was added to and made a part of ORS chapter 742 by legislative action but was not added to any smaller series therein. See Preface to Oregon Revised Statutes for further explanation.
§§ 742.500 to 742.506

(formerly 743.786 to 743.795)

Notes of Decisions

These statutes apply to umbrella policies that insure against loss arising from use of automobile. American Economy Ins. Co. v. Canamore, 114 Or App 348, 834 P2d 542 (1992), Sup Ct review denied

Law Review Citations

24 WLR 948 (1988)


Source

Last accessed
Jun. 26, 2021