Oregon Statutes 731.612 – Rights of insurer regarding deposits
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While the insurer remains unimpaired and is in compliance with the Insurance Code it may:
Terms Used In Oregon Statutes 731.612
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
(1) Demand, receive, sue for and recover the income from the assets deposited;
(2) Exchange and substitute for the deposited assets, or any part thereof, other eligible assets of equivalent or greater value; and
(3) At any reasonable time inspect such deposit. [1967 c.359 § 114]