Or. Admin. Code § 836-029-0060 - Documentation Required to be Held in Oregon by Licensed Captives
(1) Any captive
insurer authorized by the Director of the Department of Consumer and Business
Services, shall maintain and make ready for inspection and examination by the
director, or the director's agent, any and all documents pertaining to the
formation, operation, management, finances, insurance and reinsurance of the
captive insurer.
(2) Original
documents may be kept in the offices of the captive insurer's captive manager,
the captive insurer's parent or the captive insurer itself. Accurate and
complete copies shall be held in an office located in Oregon designated by the
captive insurer and approved by the director as part of the application
process.
Notes
Stat. Auth.: ORS 731.244, 2012 OL Ch. 84, Sec. 4 (Enrolled SB 1547)
Stats. Implemented: 2012 OL Ch. 84, Sec. 2-22 (Enrolled SB 1547)
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