Oregon Revised Statutes Chapter 731 § 731.624 — Special deposits; foreign and alien insurers
Oregon Revised Statutes Chapter 731 ·
Oregon Code § 731.624·Enacted ·Last updated March 01, 2026
Statute Text
Special deposits; foreign and alien insurers.
Every insurer, before transacting insurance in this
state, shall make the following deposits with the Department of Consumer and
Business Services:
(1) Foreign or
alien insurers transacting surety insurance in this state, $250,000.
(2) Foreign or
alien insurers transacting title insurance in this state, $100,000.
(3) Foreign or
alien insurers transacting home protection insurance in this state, $100,000.
(4) Foreign or
alien insurers transacting mortgage guaranty insurance in this state, $500,000.
[1967 c.359 §117; 1981 c.247 §7; 1987 c.483 §4; 1999 c.196 §3]
Plain English Explanation
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Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 731.624
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
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