ORS 732.582: Determination of reasonableness and adequacy of capital and surplus.
Edition: 2025 EditionEffective: 2026-01-01Last verified: 2026-09-07
For purposes of ORS 732.517 to 732.596, in order to determine whether the combined capital and surplus is reasonable in relation to the outstanding liabilities of the insurer and adequate to its financial needs, the Director of the Department of Consumer and Business Services must consider at least the applicable factors stated in ORS 731.554 for determining the reasonableness and adequacy of the insurer’s capital and surplus. [1993 c.447 §50] EXAMINATIONS, CONFIDENTIALITY, REGULATORY POWERS
Administrative rules citing this section
- OAR 836-027-0001: Statutory Authority and Purpose of OAR 836-027-0005 to 836-027-0180 — implements
- OAR 836-027-0005: Definitions — implements
- OAR 836-027-0010: Registration of Insurers — Statement Filing — implements
- OAR 836-027-0012: Summary of Registration — Statement Filing. — implements
- OAR 836-027-0020: Alternative and Consolidated Registrations — implements
- OAR 836-027-0030: Forms; General Requirements — implements
- OAR 836-027-0100: Acquisition of Control — Statement Filing — implements
- OAR 836-027-0110: Amendments to Form A — implements
- OAR 836-027-0120: Acquisition of Certain Persons Considered to Be Insurers — implements
- OAR 836-027-0125: Pre-Acquisition Notification — implements
- OAR 836-027-0140: Enterprise Risk Report — implements
- OAR 836-027-0150: Group Capital Calculation — implements
- OAR 836-027-0160: Transactions Subject to Prior Notice — Notice Filing — implements
- OAR 836-027-0170: Extraordinary Dividends and Other Distributions — implements
This rule cites
- ORS 732.517 — resolved
- 732.596 — resolved
- ORS 731.554 — resolved
Cited by
Official source: https://www.oregonlegislature.gov/bills_laws/ors/ors732.html