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. [1989 c.425 § 2b; 1993 c.447 § 22]

Terms Used In Oregon Statutes 733.695

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.

 

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