Oregon Revised Statutes Chapter 733 § 733.070 — Unearned premium reserve for marine and transportation insurance trip risks
Oregon Revised Statutes Chapter 733 ·
Oregon Code § 733.070·Enacted ·Last updated March 01, 2026
Statute Text
Unearned premium reserve for marine and transportation insurance trip risks.
As to marine and transportation
insurance, the entire amount of premiums on trip risks not terminated shall be
deemed unearned. The Director of the Department of Consumer and Business
Services may require the insurer to carry a reserve equal to 100 percent of
premiums on trip risks written during the month ended as of the date of
statement. [1967 c.359 §214]
Plain English Explanation
This Oregon statute addresses Unearned premium reserve for marine and transportation insurance trip risks. AI-powered analysis coming soon.
Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 733.070
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Unearned premium reserve for marine and transportation insurance trip risks. Read the full statute text above for details.
This page reflects the current text as of our last update. Always verify with the official Oregon legislature website for the most current version.
The formal citation is Oregon Code § 733.070. Use this format in legal documents and court filings.
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