Oregon § 735.166 Investment requirements for association captive insurer

Oregon Statutes

§ 735.166 — Investment requirements for association captive insurer

Oregon § 735.166

Vol.18

Title 56Insurance

Ch. 735Alternative Insurance

This text of Oregon § 735.166 (Investment requirements for association captive insurer) 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. § 735.166 (2026).

Text

(1)(a) An association captive insurer must comply with the investment requirements of ORS 733.510 to 733.780.

(b)Notwithstanding paragraph (a) of this subsection, the Director of the Department of Consumer and Business Services may by rule approve the use of alternative reliable methods of valuation and rating for an association captive insurer.

(2)(a) A pure captive insurer is not subject to any restrictions on allowable investments under ORS 733.510 to 733.780.

(b)The director may prohibit or limit an investment that threatens the solvency or liquidity of a pure captive insurer.

(3)A captive insurer may not make loans to the parent of the captive insurer or an affiliate of the captive insurer.

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

(1)(a) An association captive insurer must comply with the investment requirements of ORS 733.510 to 733.780.
(b) Notwithstanding paragraph (a) of this subsection, the Director of the Department of Consumer and Business Services may by rule approve the use of alternative reliable methods of valuation and rating for an association captive insurer.
(2)(a) A pure captive insurer is not subject to any restrictions on allowable investments under ORS 733.510 to 733.780.
(b) The director may prohibit or limit an investment that threatens the solvency or liquidity of a pure captive insurer.
(3) A captive insurer may not make loans to the parent of the captive insurer or an affiliate of the captive insurer.