Oregon § 733.654 Limitation on amount of separate account investments; exceptions

Oregon Statutes

§ 733.654 — Limitation on amount of separate account investments; exceptions

Oregon § 733.654

Vol.18

Title 56Insurance

Ch. 733Accounting and Investments

This text of Oregon § 733.654 (Limitation on amount of separate account investments; exceptions) is published on Counsel Stack Legal Research, covering Oregon primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Or. Rev. Stat. § 733.654 (2026).

Text

An insurer shall not invest the funds of a separate account so as to have more than 10 percent of the market value of the assets of the account invested in or secured by the stocks, obligations or property of any one person or political subdivision, or invested in a single parcel of real property or any other single investment. This section does not apply to:

(1)Funds equaling 25 percent of the market value of the total assets in the separate account;

(2)Investments in, or loans upon, the security of the general obligations of a sovereign; or

(3)Investments in certificates of deposits insured by the Federal Deposit Insurance Corporation.

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An insurer shall not invest the funds of a separate account so as to have more than 10 percent of the market value of the assets of the account invested in or secured by the stocks, obligations or property of any one person or political subdivision, or invested in a single parcel of real property or any other single investment. This section does not apply to:
(1) Funds equaling 25 percent of the market value of the total assets in the separate account;
(2) Investments in, or loans upon, the security of the general obligations of a sovereign; or
(3) Investments in certificates of deposits insured by the Federal Deposit Insurance Corporation.