The purpose of these rules is to set forth the financial, reporting, record-keeping and other requirements the Director of the Department of Consumer and Business Services considers necessary for the regulation of captive insurers, under sections 2 to 22, chapter 84, Oregon Laws 2012.

Statutory/Other Authority

ORS 731.244, 2012 OL Ch. 84 & Sec. 4 (Enrolled SB 1547)

Statutes/Other Implemented

2012 OL Ch. 84 & Sec. 2-22 (Enrolled SB 1547)

History

ID 17-2012, f. & cert. ef. 11-7-12
ID 11-2012(Temp), f. 6-15-12, cert. ef. 7-1-12 thru 12-27-12