2015 Oregon Revised Statutes
Volume : 16 - Financial Institutions, Insurance
Chapter 731 - Administration and General Provisions
Section 731.624 - Special deposits; foreign and alien insurers.
Every insurer, before transacting insurance in this state, shall make the following deposits with the Department of Consumer and Business Services:
(1) Foreign or alien insurers transacting surety insurance in this state, $250,000.
(2) Foreign or alien insurers transacting title insurance in this state, $100,000.
(3) Foreign or alien insurers transacting home protection insurance in this state, $100,000.
(4) Foreign or alien insurers transacting mortgage guaranty insurance in this state, $500,000.
[1967 c.359 §117; 1981 c.247 §7; 1987 c.483 §4; 1999 c.196 §3]
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