Source: https://www.oregonlaws.org/ors/731.566
Timestamp: 2020-08-04 06:08:27
Document Index: 719582130

Matched Legal Cases: ['§109', '§1', '§2', '§3', '§3', '§3']

ORS 731.566 - Reciprocal insurer surplus requirements - 2020 Oregon Revised Statutes
2020 ORS Vol. 18 Chapter 731 Section 731.566
ORS 731.566¹
Reciprocal insurer surplus requirements
To qualify for authority to transact insurance in this state, a reciprocal insurer shall possess and thereafter maintain a surplus of not less than $2.5 million, and any reciprocal insurer that exchanges policies of insurance covering workers’ compensation insurance shall possess and thereafter maintain a surplus of not less than $5 million. [1967 c.359 §109; 1975 c.274 §1; 1977 c.651 §2; 1987 c.483 §3; 1993 c.709 §3; 2001 c.318 §3]