The Director of the Department of Consumer and Business Services shall disallow reinsurance as credit against the liabilities of a ceding insurer if credit against the liabilities of the ceding insurer is not allowed as a credit to the ceding insurer under ORS 731.509 or 731.510.
ORS 733.040
Known as the Standard Valuation Law
The act spans §§ 733–733 (88 sections).
1967 c.359 §211; 1993 c.447 §70
Official source: Oregon State Legislature. Reproduced from public-domain Oregon statutes; confirm against the official source for the current text. Not legal advice.