2011 Oregon Revised Statutes
ORS Volume 16, Chapters 705 - 752
ORS Chapter 731
731.632 Deposit required of domestic reciprocal insurers; exception.


OR Rev Stat § 731.632 (through Leg Sess 2011) What's This?

Every domestic reciprocal insurer shall deposit with the Department of Consumer and Business Services $50,000, except such an insurer which exchanges policies of insurance covering only wet marine hull insurance for persons whose earned income, in whole or in part, is derived from taking and selling food resources living in an ocean, bay or river. [1967 c.359 119; 1977 c.651 3; 1993 c.709 5; 1999 c.196 5]

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