OAR 836-027-0350: Limitation
Edition: Current OARD snapshotEffective: 2000-05-11Last verified: 2026-09-07
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.
Official history and status
Statutory/Other Authority: ORS 731.244 & 733.510
Statutes/Other Implemented: ORS 733.510
History: ID 4-2000, f. & cert. ef. 5-11-00
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Official source: https://secure.sos.state.or.us/oard/