A ceding insurer may take credit for unencumbered funds withheld by the ceding insurer in the United States subject to withdrawal solely by the ceding insurer and under its exclusive control.

Statutory/Other Authority

ORS 731.508 - 731.511 & 731.244

Statutes/Other Implemented

ORS 731.508 - 731.511 & Or Laws 2019, ch 151

History

ID 13-2019, amend filed 12/19/2019, effective 01/01/2020
ID 22-2002, f. & cert. ef. 11-27-02
ID 8-1993, f. & cert. ef. 9-23-93