ORS § 731.632

Current through 2024 Regular Session legislation effective April 4, 2024
Section 731.632 - Deposit required of domestic reciprocal insurers; exception

Every domestic reciprocal insurer shall deposit with the Department of Consumer and Business Services $50,000, except such an insurer which exchanges policies of insurance covering only wet marine hull insurance for persons whose earned income, in whole or in part, is derived from taking and selling food resources living in an ocean, bay or river.

ORS 731.632

1967 c.359 §119; 1977 c.651 §3; 1993 c.709 §5; 1999 c.196 §5