There is a newer version of the Oregon Revised Statutes
2011 Oregon Revised Statutes
ORS Volume 16, Chapters 705 - 752
ORS Chapter 731
731.566 Reciprocal insurer surplus requirements.
OR Rev Stat § 731.566 (through Leg Sess 2011) What's This?
To qualify for authority to transact insurance in this state, a reciprocal insurer shall possess and thereafter maintain a surplus of not less than $2.5 million, and any reciprocal insurer that exchanges policies of insurance covering workers compensation insurance shall possess and thereafter maintain a surplus of not less than $5 million. [1967 c.359 109; 1975 c.274 1; 1977 c.651 2; 1987 c.483 3; 1993 c.709 3; 2001 c.318 3]
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