2015 ORS § 732.210¹
Assertion of lack of capacity or power

The provision of ORS 60.084 (Validity of corporate acts) shall not affect the right of any policyholder of a domestic insurer or the Director of the Department of Consumer and Business Services from asserting the lack of capacity or power of an insurer, by reason of any provision of the Insurance Code, to do any act or make any conveyance or transfer of real or personal property. [1967 c.359 §165; 1987 c.846 §7]