There is a newer version of the Oregon Revised Statutes
2011 Oregon Revised Statutes
ORS Volume 16, Chapters 705 - 752
ORS Chapter 731
731.612 Rights of insurer regarding deposits.
OR Rev Stat § 731.612 (through Leg Sess 2011) What's This?
While the insurer remains unimpaired and is in compliance with the Insurance Code it may:
(1) Demand, receive, sue for and recover the income from the assets deposited;
(2) Exchange and substitute for the deposited assets, or any part thereof, other eligible assets of equivalent or greater value; and
(3) At any reasonable time inspect such deposit. [1967 c.359 114]
Disclaimer: These codes may not be the most recent version. Oregon may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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