Oregon Law
Law as of Jan 1, 2026
Chapter contents
733.010Assets allowed 733.020Assets not allowed 733.030Liabilities in general 733.040Reinsurance credit 733.050Increase of inadequate reserves 733.060Unearned premium reserve 733.070Unearned premium reserve for marine and transportation insurance trip risks 733.080Reserves for health insurance 733.090Unearned premium reserve and fund for title insurance 733.095Unearned premium reserve for home protection insurance 733.100Contingency reserve liability for mortgage insurance 733.110[1967 c.359 §218; 1977 c.320 §9; 1981 c.609 §3; repealed by 1991 c.401 §30] 733.115Establishing reserves for variable life insurance and annuity policies 733.120[Formerly 739.030; 1977 c.320 §10; 1981 c.609 §5; repealed by 1991 c.401 §30] 733.123[Formerly 733.130; repealed by 1991 c.401 §30] 733.125[1981 c.609 §2; repealed by 1991 c.401 §30] 733.127[1981 c.609 §7; repealed by 1991 c.401 §30] 733.129[1981 c.609 §9; repealed by 1991 c.401 §30] 733.130[Formerly 739.035; 1969 c.431 §1; 1973 c.636 §1; 1977 c.320 §11; 1981 c.609 §6; renumbered 733.123] 733.132[1973 c.636 §3; 1977 c.320 §12; 1981 c.609 §8; repealed by 1991 c.401 §30] 733.134[1973 c.636 §4; 1981 c.609 §10; repealed by 1991 c.401 §30] 733.136[1973 c.636 §5; 1981 c.609 §11; repealed by 1991 c.401 §30] 733.140Disallowance of “wash” transactions 733.150Alternative accounting for assets and liabilities 733.160Valuation of assets other than securities 733.165Valuation of securities 733.170Accounts and records 733.180[Formerly 739.075; repealed by 1973 c.435 §27] 733.190[Formerly 739.080; repealed by 1973 c.435 §27] 733.200[Formerly 739.085; repealed by 1973 c.435 §27] 733.210Director’s determinations 733.220Establishment and regulation of separate accounts to fund life insurance or annuities 733.230Transactions of separate accounts registered with Securities and Exchange Commission; application of laws and rules to members of separate account management committee 733.300Short title 733.302Reserve valuation method for life insurance policies and annuity and pure endowment contracts 733.304Opinion of actuary; rules 733.306Computation of minimum standards for life insurance, industrial insurance, annuities and pure endowment contracts; rules 733.308Computation of minimum standard for annuities and pure endowment contracts; rules 733.310Interest rates for determining minimum standard for valuation 733.312Amount of required reserves for life insurance policies 733.314Amount of required reserves for certain annuity and pure endowment contracts 733.316Aggregate reserves 733.318Alternative standards of valuation 733.320Minimum required reserve for certain policies 733.322Calculation of reserves for plans for which minimum reserves cannot be determined under ORS 733.312, 733.314 or 733.320; rules 733.325Definitions 733.328Annual valuation of reserve liabilities 733.331Opinion of appointed actuary; liabilities of appointed actuary; rules 733.334Data submission in accordance with valuation manual 733.337Confidentiality; permissible disclosures 733.340Exemptions 733.510Investments of insurers; rules 733.520Current operating requirements exempted 733.530“Corporation,” “sovereign,” “political subdivision” defined 733.540“Obligation” defined 733.550“Amply secured obligation” defined 733.560“Unencumbered” defined 733.570“Improved real property” defined 733.575Prohibited use of funds as compensating balances 733.578Conditions necessary for investments used to provide compensating balances 733.580Investment of required capitalization 733.590Investment in obligations of sovereign, political subdivision thereof or corporation 733.600Investment in mortgage loans 733.610Investment in real property 733.620Investment in stocks of corporation 733.630Investment in securities or obligations of certain corporations 733.635Approved activities of corporations in which investments authorized 733.640Lending funds; limitations on loans 733.650Investment of funds in certain obligations and other specified items 733.652Investment of funds of separate accounts 733.654Limitation on amount of separate account investments; exceptions 733.656Limitation on securities owned or controlled by separate account investments 733.658Applicability of separate account investment limitations 733.660[1967 c.359 §244; repealed by 2001 c.318 §13] 733.670Investment of funds under “prudent investor” standard 733.680Acquisition and retention of personal property generally; purchases or loans for protection of investment property 733.685Investment of funds by home protection insurer; rules 733.690Investment of funds in title plant 733.695Investment of funds in obligations that are not investment quality; rules 733.700Investment of funds in health care service facilities 733.710Investments authorized by prior law; date of eligibility of investment 733.720Investments subject to additional limitations and requirements 733.730Approval by board of directors of investments and deposits 733.740Record of investments required 733.750Disposal of investments on order of director 733.760Insurance required on buildings on property which is security for loan 733.770Limitations on investments in property of any one person or single parcel of real estate 733.780Prohibited investments

Chapter 733 — Accounting and Investments

ORS 733.150 Alternative accounting for assets and liabilities

Assets may be allowed as deductions from corresponding liabilities, liabilities may be charged as deductions from assets, deductions from assets may be charged as liabilities, and deductions from liabilities may be allowed as assets, in accordance with the form of annual statement prescribed by the Director of the Department of Consumer and Business Services, or otherwise in the discretion of the director.

Official sources · 2Tap to view provenance and version history

Online copy of the published ORS edition

Provenance

Version history

Earlier statutory text is available in an ingested published ORS edition.