OAR 836-029-0045
Notification of Material Misstatement of Financial Condition


A captive insurer shall require its certified public accountant to immediately notify an officer and all members of the board of directors of the captive insurer in writing of any determination by the independent certified public accountant that the captive insurer has materially misstated its financial condition in its report to the Director of the Department of Consumer and Business Services. The captive insurer shall furnish the notification to the director within five working days after receiving the notification from its certified public accountant.

Source: Rule 836-029-0045 — Notification of Material Misstatement of Financial Condition, https://secure.­sos.­state.­or.­us/oard/view.­action?ruleNumber=836-029-0045.

Last Updated

Jun. 8, 2021

Rule 836-029-0045’s source at or​.us