OAR 836-014-0020
Deposits

(1)

A deposit under ORS 750.685 (Indemnification insurance or bond required) shall be with a bank qualified under 731.642 (Contracts for security deposits) to act as a trust company and as a depository of state funds to hold and service securities by insurers with the state, or with any other depository bank as defined in 295.005.

(2)

For compliance with ORS 750.685 (Indemnification insurance or bond required), a deposit trust agreement shall have the prior approval of the Director for adequate safeguards providing:

(a)

Retention of deposits so long as there is outstanding any liability of the legal expense organization as to which the deposit was required;

(b)

Release of deposit only upon written directions of the Director.

Source: Rule 836-014-0020 — Deposits, https://secure.­sos.­state.­or.­us/oard/view.­action?ruleNumber=836-014-0020.

836‑014‑0001
Purpose, Authority and Effective Date 836‑014‑0005
Applicability and Scope 836‑014‑0010
Required Capitalization 836‑014‑0015
Annual Financial Statement 836‑014‑0020
Deposits 836‑014‑0025
Bond 836‑014‑0030
Sales Representatives 836‑014‑0035
Registration of Legal Expense Organization 836‑014‑0040
Amendments to Registration 836‑014‑0042
Renewal of Legal Expense Organization Registration 836‑014‑0045
Unfair Trade Practice 836‑014‑0100
Actuarial Certification 836‑014‑0200
Statutory Authority and Implementation 836‑014‑0205
Definitions 836‑014‑0210
License Fees 836‑014‑0220
Life Settlement Provider License Requirements 836‑014‑0226
Life Settlement Investment Agent Licensing Requirements 836‑014‑0230
Renewal Requirements 836‑014‑0240
Filing Requirements, Life Settlement Contracts and Disclosure Statement Forms 836‑014‑0250
Contents of Life Settlement Contracts 836‑014‑0260
Rights and Duties of Parties to Life Settlement Contract 836‑014‑0263
Request to Insurer for Verification of Coverage 836‑014‑0265
Response by Insurer 836‑014‑0270
Standards for Evaluation of Reasonable Payments 836‑014‑0280
Disclosure Required 836‑014‑0285
Disclosures to Insurer 836‑014‑0290
Contacts by Life Settlement Provider or Broker 836‑014‑0300
Advertising Standards 836‑014‑0310
Reporting Requirements 836‑014‑0320
Requirements for Brokers 836‑014‑0325
Disclosures Required by Life Insurers 836‑014‑0330
Unfair Trade Practices
Last Updated

Jun. 8, 2021

Rule 836-014-0020’s source at or​.us