As used in ORS 744.602 to 744.665: (1) Business entity means a corporation, limited liability company, partnership, limited liability partnership, association or other legal entity that is incorporated, organized or authorized to engage in business in this state. (2) Insurance consultant means a person that meets the description in ORS 744.605 of a person that engages in business as an insurance consultant. (3) Licensee means a person that holds a valid and unexpired license to engage in business as an insurance consultant that the person obtained under ORS 744.614. (4) Person means an individual or a business entity. (5) Resident means a licensee that resides or maintains a principal place of business in this state.
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