Or. Admin. Code § 836-014-0010 - Required Capitalization
A legal expense organization shall possess and thereafter maintain capital or surplus, or any combination thereof, of not less than $25,000 or an amount equal to 25 percent of the gross written prepaid fees collected from plan members in the preceding calendar year, whichever is greater, but in no case shall the required amount be more than $300,000.
Notes
Stat. Auth.: ORS 731 & ORS 750
Stats. Implemented: ORS 750.535(3)(a)
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