Oregon Department of Consumer and Business Services, Insurance Regulation

Rule Rule 836-071-0291
Certificate of Deposit in Lieu of Trust Account


For purposes of ORS 744.084 (Certificate of deposit in lieu of trust account), evidence of a certificate of deposit kept by an insurance producer is satisfactory:

(1)

If the evidence is a written statement of verification issued by the institution issuing the certificate to the insurance producer; and

(2)

If the statement shows the date of renewal, if any, and verifies that the certificate is valid as of the date of the request by the Director for verification of the certificate. Formerly: OAR 386-071-0275
Source

Last accessed
Jun. 8, 2021