Oregon Code § 735.190·Enacted ·Last updated March 01, 2026
Statute Text
Incorporation of captive reinsurer.
(1) A captive reinsurer must be incorporated as a stock insurer with its
capital divided into shares and held by the captive reinsurers shareholders.
In incorporating, a captive reinsurer must comply with the requirements of ORS
735.164.
(2) The capital
stock of a captive reinsurer must be issued at par value or greater.
(3) At least one
member of the board of directors of a captive reinsurer incorporated in this
state must be a resident of this state. [2012 c.84 §22]
Note:
See note under 735.150.
MARKET ASSISTANCE
PLANS; JOINT UNDERWRITING ASSOCIATIONS
Plain English Explanation
This Oregon statute addresses Incorporation of captive reinsurer. AI-powered analysis coming soon.
Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 735.190
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Incorporation of captive reinsurer. Read the full statute text above for details.
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