Oregon § 734.400 Report for assessment; domestic mutual and reciprocal insurers

Oregon Statutes

§ 734.400 — Report for assessment; domestic mutual and reciprocal insurers

Oregon § 734.400

Vol.18

Title 56Insurance

Ch. 734Rehabilitation, Liquidation and Conservation of Insurers

This text of Oregon § 734.400 (Report for assessment; domestic mutual and reciprocal insurers) 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. § 734.400 (2026).

Text

Within three years from the date an order of rehabilitation or liquidation of a domestic mutual insurer or a domestic reciprocal insurer was filed in the office of the clerk of the court by which such order was made, the Director of the Department of Consumer and Business Services may make a report to the court setting forth:

(1)The reasonable value of the assets of the insurer;

(2)The insurer’s probable liabilities; and

(3)The probable necessary assessment, if any, to pay all claims and expenses in full, including expenses of administration.

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Within three years from the date an order of rehabilitation or liquidation of a domestic mutual insurer or a domestic reciprocal insurer was filed in the office of the clerk of the court by which such order was made, the Director of the Department of Consumer and Business Services may make a report to the court setting forth:
(1) The reasonable value of the assets of the insurer;
(2) The insurer’s probable liabilities; and
(3) The probable necessary assessment, if any, to pay all claims and expenses in full, including expenses of administration.