Or. Admin. Code § 836-071-0190 - Registration of a School

(1) Each school, other than a community college or four-year college or university, offering an insurance instruction program shall register with the director in order to provide pre-examination training for applicants for insurance producer licenses. Each school shall apply for registration annually on a form provided by the director.

(2) The application shall contain:

(a) The business name, main business address and business telephone number of the school and the name of an individual employed by the school whom the director may contact;

(b) A detailed description of the school's insurance training program that shall, for each part, include the course outline and list of source materials, instructor's lesson plans, student outline, proposed student attendance record forms, proposed student progress record forms and enrollment contract form including refund policy;

(c) The names of persons authorized to certify records or statements regarding training taken by applicants;

(d) A list of principal officers and directors if the school is a firm or corporation;

(e) A certification that the training offered or proposed to be offered includes subject matter equivalent to the examination outline adopted by the Division of Financial Regulation.

(3) A registered school shall notify the director of any change of its address, telephone number or contact person within 30 days after the change.

(4) Promotional material advertising insurance pre-examination training published by the registered school shall state that the school is registered with the Division of Financial Regulation and that registration does not imply endorsement by the Division of Financial Regulation.

(5) A registered school shall retain for each training course the attendance and course outlines for a period of three years after the conclusion of the course.

(6) A registered school is subject to audit by the director for purposes of verifying compliance with OAR 836-071-0180.

(7) Subject to revocation of registration under OAR 836-071-0195, a registration expires on the second January 1 following the date of registration.

Notes

Or. Admin. Code § 836-071-0190

ID 3-1990, f. & cert. ef. 1-19-90; ID 9-2002, f. & cert. ef. 3-18-02; ID 8-2005, f. 5-18-05, cert. ef. 8-1-05; ID 26-2024, minor correction filed 08/16/2024, effective 8/16/2024

Statutory/Other Authority: ORS 731.244

Statutes/Other Implemented: ORS 744.072