Oregon § 733.656 Limitation on securities owned or controlled by separate account investments

Oregon Statutes

§ 733.656 — Limitation on securities owned or controlled by separate account investments

Oregon § 733.656

Vol.18

Title 56Insurance

Ch. 733Accounting and Investments

This text of Oregon § 733.656 (Limitation on securities owned or controlled by separate account investments) 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. § 733.656 (2026).

Text

An insurer shall not invest the funds of a separate account so as to own or control, under the insurer’s general and separate accounts in the aggregate, more than 10 percent of the voting power outstanding of any issuer of securities. Securities held in separate accounts, the voting rights in which are exercisable only in accordance with instructions from persons having interests in such accounts, shall not be considered in applying this section.

Free access — add to your briefcase to read the full text and ask questions with AI

An insurer shall not invest the funds of a separate account so as to own or control, under the insurer’s general and separate accounts in the aggregate, more than 10 percent of the voting power outstanding of any issuer of securities. Securities held in separate accounts, the voting rights in which are exercisable only in accordance with instructions from persons having interests in such accounts, shall not be considered in applying this section.