1. (1) A third party administrator shall include in the annual report required in ORS 744.738 the balance sheet and income statement of the third party administrator for the immediately preceding calendar year. The balance sheet and income statement must each be verified by two of its officers, if the third party administrator is a corporation, or by two of its partners, if the third party administrator is a partnership. Each annual report must be filed not later than March 1 of each year.
2. (2) The first annual report required under this rule shall be filed not later than March 1, 1993.

3. (3) If the annual report of a third party administrator is for a year other than a calendar year, the third party administrator may file the following instead of an annual report on a calendar year basis:

   1. (a) The annual report of the third party administrator that is most current as of March l; and
   2. (b) The interim financial statement most current as of March 1.

Statutory/Other Authority

ORS 731.244, 744.303, 744.635, 744.704, 744.706, 744.712 & 744.726

Statutes/Other Implemented

ORS 744.738

History

ID 1-1992, f. & cert. ef. 1-27-92