- (1) If the person being acquired is considered to be a “domestic insurer” solely because of the definition of “domestic insurer” in ORS 732.518, the name of the domestic insurer on the cover page shall be indicated as follows: “ABC Insurance Company, a subsidiary of XYZ Holding Company.”
- (2) When a person who is considered to be a “domestic insurer” solely because of the definition of “domestic insurer” in ORS 732.518, is being acquired, references to “the insurer” contained in Form A shall refer to both the domestic subsidiary insurer and the person being acquired.
Statutory/Other Authority
ORS 732.705
Statutes/Other Implemented
ORS 732.517 - 732.592
History
ID 15-1996, f. & cert. ef. 11-12-96
ID 8-1993, f. & cert. ef. 9-23-93