Oregon Revised Statutes Chapter 732 § 732.611 — (1) bear to the aggregate premiums that the converting mutual insurer

(1) bear to the aggregate premiums that the converting mutual insurer earns during the same period on all eligible members’ policies in force. The specified period must be 36 months unless the plan specifies another period. (b) Allocate the consideration among the eligible members in any other manner approved by the director. (8) The form of consideration to be given to a class or category of eligible members may differ from the form of consideration to be given to another class or category of eligible members. The choice of the form of consideration to be given to a class or category of eligible members may take into account the type of policy, size of policy, tax status of the eligible members and other factors that the director determines are appropriate. (9) In the case of a conversion or in the case of a reorganization that involves the organization of a stock holding company, a member of the converting mutual insurer who is not an eligible member is not entitled to receive any consideration for the member’s membership interest. (10) In the case of a reorganization that involves the organization of a mutual holding company, the membership interests of the members of the converting mutual insurer, whether or not the members are eligible members, must be merged into the mutual holding company, and consequently the membership interests of the members of the converting mutual insurer must become membership interests in the mutual holding company. [1997 c.771 §6; 2013 c.370 §33]