Or. Admin. Code § 836-029-0115 - Fees
(1) At the time an
applicant submits an application under OAR
836-029-0110 for a permit to
organize a captive insurer or for a certificate of authority to operate as a
captive insurer the applicant shall pay to the Director of the Department of
Consumer and Business Services a nonrefundable fee as set forth in
836-009-0007 for processing the
initial application for a permit to organize or for a certificate of
authority.
(2) In addition, each
captive insurer that is authorized by the director shall pay prior to April 1
an annual continuation fee, without proration, for the year following the year
during which the certificate of authority was originally issued and each year
thereafter in the amount established in OAR
836-009-0007.
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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