(2) Notwithstanding the limitation in subsection (1) of this section, a society may reinsure the risks of another society in a consolidation or merger approved by the director under ORS 748.148. [1987 c.490 ยง14]
Structure 2021 Oregon Revised Statutes
Volume : 18 - Financial Institutions, Insurance
Chapter 748 - Fraternal Benefit Societies
Section 748.103 - Definitions.
Section 748.109 - Conditions constituting "operating on a lodge system."
Section 748.112 - Conditions constituting "representative form of government."
Section 748.121 - Purposes, operation and powers.
Section 748.123 - Membership; eligibility; admission process; privileges.
Section 748.130 - Principal office; publications; annual statement synopsis; complaints.
Section 748.142 - Amendment of society laws.
Section 748.144 - Creation and operation of other organizations and entities.
Section 748.148 - Consolidation and merger.
Section 748.171 - Certificate of authority.
Section 748.174 - Certificate of authority for foreign or alien society.
Section 748.184 - Reinsurance.
Section 748.204 - Beneficiaries.
Section 748.211 - Benefit contract; certificate.
Section 748.309 - Group membership; lodges.
Section 748.316 - Payments for group benefits.
Section 748.401 - Value of benefit and amount of options.
Section 748.403 - Standards of valuation for certificates.
Section 748.406 - Financial statement; filing; fee; valuation.
Section 748.409 - Assets of society; variable contracts.
Section 748.501 - Examination.
Section 748.601 - Exemptions from chapter.