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2019 Oregon Revised Statutes
Volume : 18 - Financial Institutions, Insurance
Chapter 733 - Accounting and Investments
Section 733.695 - Investment of funds in obligations that are not investment quality; rules.
Universal Citation: OR Rev Stat § 733.695 (2019)
Funds of an insurer may be invested in obligations that are not investment grade as established by the Director of the Department of Consumer and Business Services by rule, but the funds that an insurer may invest under this section shall not exceed 20 percent of the insurer’s assets. [1989 c.425 §2b; 1993 c.447 §22]
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