Oregon Administrative Rules
Chapter 836 - DEPARTMENT OF CONSUMER AND BUSINESS SERVICES, INSURANCE REGULATION
Division 11 - ANNUAL STATEMENTS AND REPORTS BY INSURERS
Section 836-011-0253 - Definitions
Universal Citation: OR Admin Rules 836-011-0253
Current through Register Vol. 63, No. 9, September 1, 2024
As used in OAR 836-011-0250 to 836-011-0260:
(1) "Annual contributions" means total contributions paid by program participants less any premium collected from participants to procure insurance of any kind.
(2) "Annual financial statement" means the financial report required under ORS 731.036 or the annual independently audited financial statement provided to program participants under ORS 30.282. The report described in this rule must comply with all applicable Government Accounting Standards Board requirements.
Stat. Auth.: ORS 731.244
Stats. Implemented: ORS 30.282, 731.036
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