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
Known as the Insurance Code
The act spans §§ 731.004 to 731.992 (240 sections).
1967 c.359 §119; 1977 c.651 §3; 1993 c.709 §5; 1999 c.196 §5
Official source: Oregon State Legislature. Reproduced from public-domain Oregon statutes; confirm against the official source for the current text. Not legal advice.