ORS 732.582: Determination of reasonableness and adequacy of capital and surplus.
Where this section sits in the code
- 18 - Financial Institutions, Insurance
- 56. Insurance
- Chapter 732 — Organization and Corporate Procedures of Domestic Insurers; Regulation of Insurers Generally
For purposes of ORS 732.517 to 732.596, in order to determine whether the combined capital and surplus is reasonable in relation to the outstanding liabilities of the insurer and adequate to its financial needs, the Director of the Department of Consumer and Business Services must consider at least the applicable factors stated in ORS 731.554 for determining the reasonableness and adequacy of the insurer’s capital and surplus. [1993 c.447 §50]
EXAMINATIONS, CONFIDENTIALITY, REGULATORY POWERS
Collected 2026-09-03T23:50:17Z. Source file · JSON