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17 chapters · 1,565 sections in this title.
ORS 733.770 Limitations on investments in property of any one person or single parcel of real estate
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(1) An insurer shall not have any combination of investments in or secured by the stocks, obligations, and property of one person, corporation or political subdivision in excess of 10 percent of the insurer’s assets, nor shall it invest more than 10 percent of its assets in a sin…
ORS 733.780 Prohibited investments
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(1) An insurer shall not make investments: (a) Which at the time of purchase or acquisition are not interest-bearing or dividend or income-paying, or are in default in any respect; or (b) From which the insurer is not entitled to receive for its exclusive account and benefit the …
ORS 734.014 Definitions
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As used in this chapter: (1) “Delinquency proceeding” means any proceeding commenced against an insurer pursuant to this chapter for the purpose of liquidating, rehabilitating or conserving the insurer. (2) “Foreign country” means territory not in any state. (3) “General assets” …
ORS 734.026 “Domiciliary,” “ancillary” and “reciprocal state” defined
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As used in this chapter: (1) “Domiciliary state” means the state in which an insurer is incorporated or organized or, in the case of an alien insurer, its state of entry. (2) “Ancillary state” means any state other than a domiciliary state. (3) “Reciprocal state” means any state …