Oregon Revised Statutes Chapter 733 § 733.630 — may be made in corporations engaged, or which will be engaged, in one
Oregon Revised Statutes Chapter 733 ·
Oregon Code § 733.630·Enacted ·Last updated March 01, 2026
Statute Text
may be made in corporations engaged, or which will be engaged, in one
or more of the following insurance or ancillary businesses:
(1) Any kind of
insurance business authorized by the jurisdiction in which it is incorporated.
(2) Any kind of
business primarily related to the insurance business carried on by the parent.
(3) Acting as an
insurance producer for its parent or for any of its parents insurer
subsidiaries or intermediate insurer subsidiaries.
(4) Investing,
reinvesting or trading in securities for its own account, that of its parent,
any subsidiary of its parent, or any affiliate or subsidiary.
(5) Management of
any investment company subject to or registered pursuant to the Federal
Investment Company Act of 1940, as amended, including related sales and
services.
(6) Acting as a
broker-dealer subject to or registered pursuant to the Securities Exchange Act
of 1934, as amended.
(7) Rendering
investment advice to governments, government agencies, corporations or other
organizations or groups.
(8) Rendering
other services related to the operations of an insurance business including,
but not limited to, actuarial, loss prevention, safety engineering, data
processing, accounting, claims, appraisal and collection services.
(9) Ownership and
management of assets or property which the parent could itself own and manage.
(10) Acting as
administrative agent for a government instrumentality which is performing an
insurance function.
(11) Financing of
insurance premiums.
(12) Owning a
corporation or corporations engaged or organized to engage exclusively in one
or more of the businesses specified in subsections (1) to (11) of this section.
[1969 c.285 §3; 2003 c.364 §84]
Plain English Explanation
This Oregon statute addresses may be made in corporations engaged, or which will be engaged, in one
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Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 733.630
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses may be made in corporations engaged, or which will be engaged, in one
. 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 § 733.630. Use this format in legal documents and court filings.
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