§ 733.010 Assets allowed
§ 733.020 Assets not allowed
§ 733.030 Liabilities in general
§ 733.040 Reinsurance credit
§ 733.050 Increase of inadequate reserves
§ 733.060 Unearned premium reserve
§ 733.070 Unearned premium reserve for marine and transportation insurance trip risks
§ 733.080 Reserves for health insurance
§ 733.090 Unearned premium reserve and fund for title insurance
§ 733.095 Unearned premium reserve for home protection insurance
§ 733.100 Contingency reserve liability for mortgage insurance
§ 733.115 Establishing reserves for variable life insurance and annuity policies
§ 733.140 Disallowance of wash transactions
§ 733.150 Alternative accounting for assets and liabilities
§ 733.160 Valuation of assets other than securities
§ 733.165 Valuation of securities
§ 733.170 Accounts and records
§ 733.210 Directors determinations
§ 733.220 Establishment and regulation of separate accounts to fund life insurance or annuities
§ 733.230 Transactions of separate accounts registered with Securities and Exchange Commission; application of laws and rules to members of separate account management committee

Terms Used In Oregon Statutes > Chapter 733 > Accounting

  • Annuity: A periodic (usually annual) payment of a fixed sum of money for either the life of the recipient or for a fixed number of years. A series of payments under a contract from an insurance company, a trust company, or an individual. Annuity payments are made at regular intervals over a period of more than one full year.
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Contract: A legal written agreement that becomes binding when signed.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Equitable: Pertaining to civil suits in "equity" rather than in "law." In English legal history, the courts of "law" could order the payment of damages and could afford no other remedy. See damages. A separate court of "equity" could order someone to do something or to cease to do something. See, e.g., injunction. In American jurisprudence, the federal courts have both legal and equitable power, but the distinction is still an important one. For example, a trial by jury is normally available in "law" cases but not in "equity" cases. Source: U.S. Courts
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Fair market value: The price at which an asset would change hands in a transaction between a willing, informed buyer and a willing, informed seller.
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Personal property: All property that is not real property.
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
  • Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.
  • Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
  • Trustee: A person or institution holding and administering property in trust.