Funds of an insurer may be invested in obligations that are not investment grade as established by the Director of the Department of Consumer and Business Services by rule, but the funds that an insurer may invest under this section shall not exceed 20 percent of the insurer’s assets.
ORS 733.695
Known as the Standard Valuation Law
The act spans §§ 733–733 (88 sections).
1989 c.425 §2b; 1993 c.447 §22
Official source: Oregon State Legislature. Reproduced from public-domain Oregon statutes; confirm against the official source for the current text. Not legal advice.