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---
type: "Bill"
title: "Relating to regulation of certain business entities."
description: "<i>Requires insurers, fraternal benefit societies and certain nonprofit corporations to apply to and obtain from Secretary of State authorization to transact business in this state. Specifies effect of failing to obtain authorization. Requires insurer, fraternal benefit society or nonprofit corporation to maintain registered agent and registered office in this state.</i>]"
jurisdiction: "us/states/or"
legislature: "Oregon Legislative Assembly"
session: "2018 Regular Session"
identifier: "SB 1553"
citation: "Oregon SB 1553 (2018 Regular Session)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: ["Brian Boquist"]
version_count: 4
action_count: 18
vote_count: 4
first_action: "2018-01-22T18:07:44+00:00"
last_action: "2018-04-11T18:56:56+00:00"
source: "openstates"
source_identifier: "ocd-bill/af01d4d2-79e7-453a-8424-2a8074d4ccda"
source_url: "https://olis.leg.state.or.us/liz/2018R1/Measures/Overview/SB1553"
source_hash: "f59e770ec8631acacc199ef9103217de7e89758a5f7808c341895a4d6b86162c"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-or"]
---
# Oregon SB 1553 (2018 Regular Session) — Relating to regulation of certain business entities.
<i>Requires insurers, fraternal benefit societies and certain nonprofit corporations to apply to and obtain from Secretary of State authorization to transact business in this state. Specifies effect of failing to obtain authorization. Requires insurer, fraternal benefit society or nonprofit corporation to maintain registered agent and registered office in this state.</i>]
## Version chain
The bill's text revisions, in order — the diff chain from filing to enrollment.
1. **Introduced** (filed) — [source](https://olis.leg.state.or.us/liz/2018R1/Downloads/MeasureDocument/SB1553/Introduced)
2. **Senate Amendments to Introduced** (filed) — [source](https://olis.leg.state.or.us/liz/2018R1/Downloads/MeasureDocument/SB1553/Senate Amendments to Introduced)
3. **A-Engrossed** (committee substitute) — [source](https://olis.leg.state.or.us/liz/2018R1/Downloads/MeasureDocument/SB1553/A-Engrossed)
4. **Enrolled** (enrolled) — [source](https://olis.leg.state.or.us/liz/2018R1/Downloads/MeasureDocument/SB1553/Enrolled)
## Votes
- Heard and Reported Out — **90** (pass) · legislature
- Heard and Reported Out with Amendments — **40** (pass) · legislature
- Rules suspended. Third reading. Carried by Boquist. Passed. — **290** (pass) · legislature
- Rules suspended. Third reading. Carried by Holvey. Passed. — **580** (pass) · legislature
## Sponsors
- Brian Boquist — primary (person)
## Timeline
The legislative action history — every referral, reading, and vote.
- **2018-01-22T18:07:44+00:00** Presession Released to the Public.
- **2018-02-05T15:42:35+00:00** Introduction and first reading. Referred to President's desk. `introduction, reading-1, referral-committee`
- **2018-02-05T16:42:14+00:00** Referred to Finance and Revenue. `referral-committee`
- **2018-03-02T16:32:00+00:00** Public Hearing and Work Session held.
- **2018-03-02T18:26:26+00:00** Recommendation: Do pass with amendments. (Printed A-Eng.) Amdendments distributed. `committee-passage-favorable`
- **2018-03-02T22:18:35+00:00** Rules suspended. Third reading. Carried by Boquist. Passed. `passage, reading-3`
- **2018-03-02T22:18:32+00:00** Second reading. `reading-2`
- **2018-03-03T00:47:23+00:00** First reading. Referred to Speaker's desk. `introduction, reading-1, referral-committee`
- **2018-03-03T01:30:58+00:00** Referred to Rules. `referral-committee`
- **2018-03-03T16:02:00+00:00** Work Session held.
- **2018-03-03T17:19:58+00:00** Recommendation: Do pass. `committee-passage-favorable`
- **2018-03-03T18:51:09+00:00** Second reading. `reading-2`
- **2018-03-04T00:38:08+00:00** Rules suspended. Third reading. Carried by Holvey. Passed. `passage, reading-3`
- **2018-03-06T23:56:11+00:00** President signed. `passage`
- **2018-03-07T00:24:00+00:00** Speaker signed. `passage`
- **2018-04-03T20:15:14+00:00** Governor signed. `executive-signature`
- **2018-04-11T18:48:02+00:00** Chapter 79, 2018 Laws.
- **2018-04-11T18:56:56+00:00** Effective date, January 1, 2019.
## Source
OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/af01d4d2-79e7-453a-8424-2a8074d4ccda`. Confidence: reported (aggregated from official Oregon legislature records).