- • approval of training materials
- • certification of training
- • auditing
(1)(a) A licensee must provide a training program for the licensee’s employees or agents that sell insurance on the licensee’s behalf. The training program must instruct the employees or agents about the coverage the insurance provides and about the provisions of ORS 744.860 (Definitions for ORS 744.860 to 744.870) to 744.870 (Compensation, bonuses and incentives).
(b) The licensee each year shall submit to the Director of the Department of Consumer and Business Services for the director’s approval an outline of, and copies of materials the licensee uses in, the training program.
(c) A licensee each year shall certify to the director that the licensee’s employees or agents that sell insurance have completed or will complete the training program the licensee provides under paragraph (a) of this subsection before the employees or agents sell insurance.
(d) An employee or agent that has completed the training program under paragraph (a) of this subsection is not required to undergo continuing education in the topics covered in the training program.
(2) The director may audit the licensee’s compliance with the provisions of subsection (1) of this section.
(3)(a) An employee or agent of a licensee may act on behalf and under the supervision of the licensee in matters within the scope of a license issued under ORS 744.862 (Limited license to sell insurance).
(b) For purposes of ORS 744.860 (Definitions for ORS 744.860 to 744.870) to 744.870 (Compensation, bonuses and incentives), the conduct of a licensee’s agent or employee who is acting within the scope of the employee’s or agent’s duties toward the licensee is the conduct of the licensee. [2013 c.280 §5]
3 OregonLaws.org assembles these lists by analyzing references between Sections. Each listed item refers back to the current Section in its own text. The result reveals relationships in the code that may not have otherwise been apparent.