Scope of ORS 743.255 to 743.273
ORS 743.255 (Grace period for annuities) to 743.273 (Standard provisions of reversionary annuities) apply only to annuity and pure endowment policies, other than reversionary annuity policies except as provided in ORS 743.273 (Standard provisions of reversionary annuities), and other than group annuity policies, and shall not apply to reversionary or deferred annuity benefits included in life insurance policies. Such sections apply to such policies that are variable annuity policies, except to the extent the provisions of such sections are obviously inapplicable to variable annuities or are in conflict with other provisions of such sections that are expressly applicable to variable annuities. [1967 c.359 §404; 1973 c.435 §19]
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