74th OREGON LEGISLATIVE ASSEMBLY--2007 Regular Session
 
SA to SB 257
 
LC 279/SB 257-1
 
                      SENATE AMENDMENTS TO
                         SENATE BILL 257
 
                    By COMMITTEE ON JUDICIARY
 
                            April 11
 
  On page 1 of the printed bill, line 2, after '59.015 ' insert
'and 731.046'.
  On page 4, line 1, after 'contract' insert ', other than a
variable annuity contract,'.
  In line 2, restore 'or variable'.
  After line 39, insert:
  '  { +  SECTION 2. + } ORS 731.046 is amended to read:
  ' 731.046. Any policy { + , other than a variable annuity
policy, + } whose form has been filed with and approved by the
Director of the Department of Consumer and Business Services
 { - shall be - }  { +  is + } exempt from the application of ORS
59.005 to 59.451, 59.660 to 59.830, 59.991 and 59.995, and the
marketing of such policy   { - shall be - }  { +  is + } likewise
exempt.'.
  In line 40, delete '2' and insert '3' and delete 'by section 1'
and insert 'and 731.046 by sections 1 and 2'.
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