75th OREGON LEGISLATIVE ASSEMBLY--2009 Regular Session
 
SA to A-Eng. HB 2369
 
LC 1766/HB 2369-A5
 
                      SENATE AMENDMENTS TO
                   A-ENGROSSED HOUSE BILL 2369
 
           By COMMITTEE ON BUSINESS AND TRANSPORTATION
 
                             May 27
 
  In line 4 of the printed A-engrossed bill, delete 'Section 2 of
this 2009 Act is' and insert 'Sections 2 and 3 of this 2009 Act
are'.
  After line 14, insert:
  '  { +  SECTION 3. + }  { + If a representative of a motor
vehicle liability insurer obtains a release for a claim of bodily
injuries in person from a person who is eligible to receive
personal injury protection benefits under ORS 742.518 to 742.542:
  ' (1) The representative of the insurer must provide the
eligible person with a clear and conspicuous notice substantially
similar to the following, which shall be incorporated into the
insurer's release or provided in a separate document:
]
 ________________________________________________________________
 
  THE DOCUMENT YOU ARE BEING ASKED TO SIGN IS A BINDING CONTRACT
THAT CONCLUDES YOUR CLAIM(S) AGAINST THE PARTIES IT IDENTIFIES.
AFTER YOU SIGN IT YOU WILL NOT BE ABLE TO MAKE ANY FURTHER
CLAIM(S) AGAINST THESE PARTIES. + }
]
 ________________________________________________________________
 
  '  { +  (2) The eligible person may rescind the release if the
person provides the insurer written notice of rescission no later
than five business days after the execution of the release and
then promptly performs all other requisite acts for rescission of
a contract. For the purposes of this subsection, notice of
rescission is provided to an insurer on the date and time shown
on a properly addressed proof of mailing or electronic
transmission. + } ' .
  In line 15, delete '3' and insert '4' and delete ' Section 2'
and insert 'Sections 2 and 3' and delete ' applies' and insert
'apply'.
  In line 16, delete 'applies' and insert 'apply'.
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