World Literature Crusade v. Insurance Division

Petitioner World Literature Crusade appeals from the Insurance Commissioner’s declaratory ruling (ORS 183.410) that religious organizations which were not "in existence in Oregon” on September 13, 1975, are not eligible under ORS 731.704(5)(g) for a certificate of authority to issue annuities. ORS 731.704(5)(g) provides:

"(5) The commissioner shall issue a certificate of authority only if:

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"(g) The nonprofit corporation is a religious organization which is currently in existence in Oregon and is exempt from taxation under section 501(c)(3) of the federal Internal Revenue Code as of…