2021 Oregon Revised Statutes
Volume : 18 - Financial Institutions, Insurance
Chapter 733 - Accounting and Investments

Section 733.010 - Assets allowed. - (1) Cash in the possession or control of the insurer,...

Section 733.020 - Assets not allowed. - (1) Advances to officers, other than policy loans, whether secured...

Section 733.030 - Liabilities in general. - (1) The amount necessary to pay all of its unpaid...

Section 733.060 - Unearned premium reserve. - (2) The Director of the Department of Consumer and Business...

Section 733.090 - Unearned premium reserve and fund for title insurance. - (2) The amount of the unearned premium reserve shall be...

Section 733.140 - Disallowance of "wash" transactions. - (2) The director shall disallow as an asset any deposit,...

Section 733.160 - Valuation of assets other than securities. - (a) If purchased at par, at the par value. (b)...

Section 733.165 - Valuation of securities. - (2) Preferred or guaranteed stocks or shares while paying full...

Section 733.210 - Director’s determinations. - (2) The director may apply and may require insurers to...

Section 733.220 - Establishment and regulation of separate accounts to fund life insurance or annuities. - (2) The income, gains and losses, realized or unrealized, from...

Section 733.230 - Transactions of separate accounts registered with Securities and Exchange Commission; application of laws and rules to members of separate account management committee. - (a) With respect to a separate account registered with the...

Section 733.302 - Reserve valuation method for life insurance policies and annuity and pure endowment contracts. - (2) In calculating reserves, the director may use group methods...

Section 733.304 - Opinion of actuary; rules. - (a) The opinion must state whether, in the opinion of...

Section 733.306 - Computation of minimum standards for life insurance, industrial insurance, annuities and pure endowment contracts; rules. - (1) For all ordinary policies of life insurance issued on...

Section 733.308 - Computation of minimum standard for annuities and pure endowment contracts; rules. - (1) For individual annuity and pure endowment contracts issued prior...

Section 733.310 - Interest rates for determining minimum standard for valuation. - (a) All life insurance policies issued in a particular calendar...

Section 733.312 - Amount of required reserves for life insurance policies. - (a) A net level annual premium equal to the present...

Section 733.314 - Amount of required reserves for certain annuity and pure endowment contracts. - (2) Reserves according to the commissioners annuity reserve method for...

Section 733.316 - Aggregate reserves. - (2) The aggregate reserves of an insurer for all policies,...

Section 733.318 - Alternative standards of valuation. - (2) Reserves for any category of policies, contracts or benefits...

Section 733.320 - Minimum required reserve for certain policies. - (2) For any life insurance policy issued on or after...

Section 733.322 - Calculation of reserves for plans for which minimum reserves cannot be determined under ORS 733.312, 733.314 or 733.320; rules. - (a) Be appropriate in relation to the benefits and the...

Section 733.325 - Definitions. - (1) "Accident and health insurance" means a contract that incorporates...

Section 733.328 - Annual valuation of reserve liabilities. - (2) In lieu of valuing or causing a valuation of...

Section 733.331 - Opinion of appointed actuary; liabilities of appointed actuary; rules. - (A) Meet the specifications for form and substance set forth...

Section 733.337 - Confidentiality; permissible disclosures. - (a) A memorandum in support of an opinion submitted under...

Section 733.340 - Exemptions. - (a) The Director of the Department of Consumer and Business...

Section 733.510 - Investments of insurers; rules. - (2) Investments of a foreign or alien insurer which would...

Section 733.530 - "Corporation," "sovereign," "political subdivision" defined. - (1) "Corporation" means a corporation, joint stock association or business...

Section 733.550 - "Amply secured obligation" defined. - (1) An obligation of a sovereign or political subdivision thereof,...

Section 733.560 - "Unencumbered" defined. - (1) Reservations of mineral, oil or timber rights, easements, rights...

Section 733.570 - "Improved real property" defined. - (1) Farmland used for tillage, crop or pasture; (2) Real...

Section 733.578 - Conditions necessary for investments used to provide compensating balances. - (1) The investment is made in the name of and...

Section 733.580 - Investment of required capitalization. - (a) In amply secured obligations of the United States, a...

Section 733.600 - Investment in mortgage loans. - (a) Loans secured by first liens upon improved, unencumbered real...

Section 733.610 - Investment in real property. - (a) The insurer may invest in the land and the...

Section 733.620 - Investment in stocks of corporation. - (a) Preferred or guaranteed stocks if the corporation is not...

Section 733.630 - Investment in securities or obligations of certain corporations. - (2) Except as provided in subsection (3) of this section,...

Section 733.635 - Approved activities of corporations in which investments authorized. - (1) Any kind of insurance business authorized by the jurisdiction...

Section 733.640 - Lending funds; limitations on loans. - (2) Funds of an insurer may be invested in loans...

Section 733.650 - Investment of funds in certain obligations and other specified items. - (1) Obligations secured by a mortgage or deed of trust...

Section 733.652 - Investment of funds of separate accounts. - (1) Amounts allocated to a separate account and accumulations thereon...

Section 733.654 - Limitation on amount of separate account investments; exceptions. - (1) Funds equaling 25 percent of the market value of...

Section 733.670 - Investment of funds under "prudent investor" standard. - (2) Funds invested under this section shall not exceed the...

Section 733.680 - Acquisition and retention of personal property generally; purchases or loans for protection of investment property. - (2) An insurer may make purchases or loan sums necessary...

Section 733.710 - Investments authorized by prior law; date of eligibility of investment. - (2) Eligibility of an investment shall be determined as of...

Section 733.730 - Approval by board of directors of investments and deposits. - (2) Deposits shall be made in banks or banking institutions...

Section 733.740 - Record of investments required. - (1) In the case of mortgage loans: (a) The name...

Section 733.770 - Limitations on investments in property of any one person or single parcel of real estate. - (a) Investments in, or loans upon, the security of the...

Section 733.780 - Prohibited investments. - (a) Which at the time of purchase or acquisition are...