Statutes, codes, and regulations
Oregon Revised Statutes
Title 56 - INSURANCEChapter 732 - ORGANIZATION AND CORPORATE PROCEDURES OF DOMESTIC INSURERS; REGULATION OF INSURERS GENERALLY
STANDARDS AND MANAGEMENT OF INSURER WITHIN AN INSURANCE HOLDING COMPANY SYSTEM
Section 732.582 - Determination of reasonableness and adequacy of capital and surplus

ORS § 732.582

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Current through 2024 Regular Session legislation
Section 732.582 - Determination of reasonableness and adequacy of capital and surplus

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.

ORS 732.582

1993 c.447 §50