Or. Admin. Code § 836-027-0350

Current through Register Vol. 64, No. 1, January 1, 2025

Section 836-027-0350 - Limitation

A domestic insurer shall not enter into a securities lending transaction if, as a result of and after giving effect to the transaction:

(1) The aggregate amount of securities then loaned to any one borrower would exceed five percent of its admitted assets; or

(2) The aggregate amount of all securities then loaned to all borrowers would exceed 40 percent of its admitted assets.

Or. Admin. Code § 836-027-0350

ID 4-2000, f. & cert. ef. 5-11-00

Stat. Auth.: ORS 731.244 & ORS 733.510

Stats. Implemented: ORS 733.510