(1) As used in this section: (a) Adjuster has the meaning given that term in ORS 744.502; (b) Insurance consultant has the meaning given that term in ORS 744.602; and (c) Licensee means a person that has obtained a license to engage in business as an adjuster, an insurance consultant or an insurance producer. (2) A license expiration or a licensees voluntary surrender of a license does not prevent the Director of the Department of Consumer and Business Services from investigating or initiating disciplinary proceedings against a licensee. The director may also at any time revise or vacate an order to suspend or revoke a license. _______________
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