Branch captive insurer as pure captive insurer
- • rules
Except as otherwise provided in ORS 735.150 (Definitions for ORS 735.150 to 735.190) to 735.190 (Incorporation of captive reinsurer), a branch captive insurer must be a pure captive insurer with respect to business operations in this state, unless otherwise permitted by rule of the Director of the Department of Consumer and Business Services. [2012 c.84 §17]
Note: See note under 735.150 (Definitions for ORS 735.150 to 735.190).
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