Oregon Administrative Rules
Chapter 836 - DEPARTMENT OF CONSUMER AND BUSINESS SERVICES, INSURANCE REGULATION
Division 27 - DOMESTIC INSURERS; ORGANIZATION; CORPORATE PROCEDURES
Section 836-027-0350 - Limitation
Universal Citation: OR Admin Rules 836-027-0350
Current through Register Vol. 63, No. 9, September 1, 2024
A domestic insurer shall not enter into a securities lending transaction if, as a result of and after giving effect to the transaction:
(1) The aggregate amount of securities then loaned to any one borrower would exceed five percent of its admitted assets; or
(2) The aggregate amount of all securities then loaned to all borrowers would exceed 40 percent of its admitted assets.
Stat. Auth.: ORS 731.244 & ORS 733.510
Stats. Implemented: ORS 733.510
Disclaimer: These regulations may not be the most recent version. Oregon may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
