Or. Admin. Code § 836-074-0030

Current through Register Vol. 63, No. 10, October 1, 2024

Section 836-074-0030 - Advancing Return Premiums

An insurance producer may advance return premiums from funds of the insurance producer other than from a trust account of the insurance producer, in anticipation of receiving a credit for the return premium from the insurer. When the insurance producer credits the return premium to the trust account, the insurance producer may transfer the advanced credit out of the trust account.

Or. Admin. Code § 836-074-0030

ID 9-1987, f. 12-22-87, cert. ef. 1-1-88; ID 8-2005, f. 5-18-05, cert. ef. 8-1-05

Stat. Auth.: ORS 731

Stats. Implemented: ORS 744.083