State of Oregon Rulemaking relating to vendors who sell or lease portable electronics devices, including but not limited to cell phones or electronic tablets, and wish to issue, sell or offer for sale portable electronics insurance coverage
Dec 29, 2011
Recent State of Oregon rulemaking implements House Bill 3411, which was enacted by the 2011 Oregon Legislative Assembly in 2011. HB 3411 requires that vendors who sell or lease portable electronics devices, such as cell phones or electronic tablets, must obtain a limited insurance producer license from the Oregon Department of Consumer and Business Services before issuing, selling or offering portable electronics insurance coverage to customers. The Rules will establish the vendor application and renewal requirements, including fees and training requirements for a vendor’s employees, agents or authorized representatives. To view more information, click here.
Rules OAR 836-071-0550 to 836-071-0570 apply to vendors who sell or lease portable electronics devices, including but not limited to cell phones or electronic tablets, and wish to issue, sell or offer for sale portable electronics insurance coverage. To view more information, click here.
Should you have any questions or comments, please contact Colodny Fass.