Oregon Code § 731.566·Enacted ·Last updated March 01, 2026
Statute Text
Reciprocal insurer surplus requirements.
To qualify for authority to transact insurance in
this state, a reciprocal insurer shall possess and thereafter maintain a
surplus of not less than $2.5 million, and any reciprocal insurer that
exchanges policies of insurance covering workers compensation insurance shall
possess and thereafter maintain a surplus of not less than $5 million. [1967
c.359 §109; 1975 c.274 §1; 1977 c.651 §2; 1987 c.483 §3; 1993 c.709 §3; 2001
c.318 §3]