# ORS § 734.059: 734.059 Request for court order

> Oregon · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_OR_T56_C734_S734.059

## Section

- **Citation:** ORS § 734.059
- **Heading:** 734.059 Request for court order
- **Jurisdiction:** Oregon
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** OR Code / Title 56 / Chapter 734 / Section 734.059

## Text

(1) The Director of the Department of Consumer and Business Services may file a petition with the circuit court requesting an order that:

(a) Authorizes the director to seize all or part of the property, books, accounts and other records of a domestic insurer as well as the premises occupied by the insurer for transacting its business; and

(b) Enjoins the domestic insurer from disposing of its property and transacting business except as allowed by written consent of the director.

(2) The director must include all of the following in the petition under subsection (1) of this section:

(a) An allegation that one or more grounds exist that would justify a court order for a rehabilitation or liquidation proceeding against the insurer.

(b) An allegation that the interests of policyholders, creditors or the public will be endangered by delay.

(c) The contents of the order that the director requests the court to issue. [1989 c.425 §10]

Source: Section 734.059 — Request for court order , https://www.­oregonlegislature.­gov/bills_laws/ors/ors734.­html (accessed May 26, 2025).

## Nearby sections

- [ORS § 734.014 734.014 Definitions](https://www.frixlaw.com/law-library/statutes/STATE_OR_T56_C734_S734.014.md)
- [ORS § 734.026 734.026 “Domiciliary,” “ancillary” and “reciprocal state” defined](https://www.frixlaw.com/law-library/statutes/STATE_OR_T56_C734_S734.026.md)
- [ORS § 734.043 734.043 Supervision of insurer](https://www.frixlaw.com/law-library/statutes/STATE_OR_T56_C734_S734.043.md)
- [ORS § 734.047 734.047 Time for correction of condition leading to order of supervision](https://www.frixlaw.com/law-library/statutes/STATE_OR_T56_C734_S734.047.md)
- [ORS § 734.051 734.051 Actions by director during period of supervision](https://www.frixlaw.com/law-library/statutes/STATE_OR_T56_C734_S734.051.md)
- [ORS § 734.055 734.055 Action against person violating order of supervision](https://www.frixlaw.com/law-library/statutes/STATE_OR_T56_C734_S734.055.md)
- [ORS § 734.059 734.059 Request for court order](https://www.frixlaw.com/law-library/statutes/STATE_OR_T56_C734_S734.059.md)
- [ORS § 734.063 734.063 Court order](https://www.frixlaw.com/law-library/statutes/STATE_OR_T56_C734_S734.063.md)
- [ORS § 734.067 734.067 Review of court order](https://www.frixlaw.com/law-library/statutes/STATE_OR_T56_C734_S734.067.md)
- [ORS § 734.110 734.110 Jurisdiction of delinquency proceedings](https://www.frixlaw.com/law-library/statutes/STATE_OR_T56_C734_S734.110.md)
- [ORS § 734.113 734.113 Application of Oregon Receivership Code](https://www.frixlaw.com/law-library/statutes/STATE_OR_T56_C734_S734.113.md)
- [ORS § 734.120 734.120 Exclusive remedy](https://www.frixlaw.com/law-library/statutes/STATE_OR_T56_C734_S734.120.md)
- [ORS § 734.130 734.130 Commencement of delinquency proceeding](https://www.frixlaw.com/law-library/statutes/STATE_OR_T56_C734_S734.130.md)
- [ORS § 734.140 734.140 Injunctions](https://www.frixlaw.com/law-library/statutes/STATE_OR_T56_C734_S734.140.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_OR_T56_C734_S734.059. Check the current official text before relying on it. Not legal advice.