ORS § 731.612

Current through 2024 Regular Session legislation effective April 17, 2024

Section 731.612 - Rights of insurer regarding deposits

While the insurer remains unimpaired and is in compliance with the Insurance Code it may:

(1) Demand, receive, sue for and recover the income from the assets deposited;

(2) Exchange and substitute for the deposited assets, or any part thereof, other eligible assets of equivalent or greater value; and

(3) At any reasonable time inspect such deposit.

ORS 731.612

1967 c.359 §114