# ORS § 734.063: 734.063 Court order

> Oregon · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_OR_T56_C734_S734.063

## Section

- **Citation:** ORS § 734.063
- **Heading:** 734.063 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 734.063

## Text

(1) Upon petition by the Director of the Department of Consumer and Business Services under ORS 734.059 (Request for court order) , the court may issue the requested order immediately, ex parte and without hearing. The court in its order shall specify the duration of the order. The duration of an order shall be a period sufficient to enable the director to ascertain the condition of the insurer.

(2) On motion of the director or the insurer against whom an order under this section is issued, or on the court’s own motion, the court may hold such hearings from time to time as the court determines are desirable, after such notice as it determines appropriate, and may extend, shorten or modify the terms of the order.

(3) The court may vacate an order issued under this section if the court determines that the director has not commenced a rehabilitation or liquidation proceeding within a reasonable time.

(4) An order of the court directing a rehabilitation or liquidation proceeding vacates the order issued under this section.

(5) Entry of a seizure order under this section does not constitute an anticipatory breach of any contract of the insurer.

(6) At any time after a court issues an order under this section, the court may direct that notice of the order be given to a person if the court determines both of the following:

(a) That the person was not notified of the hearing on the order and did not appear at the hearing.

(b) That the interest of the person is or will be substantially affected by the order. [1989 c.425 §11]

Source: Section 734.063 — Court order; hearings; notice , 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_S734.063. Check the current official text before relying on it. Not legal advice.
