Or. Admin. Code § 836-074-0050 - Single Account for Affiliated Persons
(1) An insurance producer that is a firm or
corporation may use one premium fund trust account for the funds received by an
affiliated person operating under its license.
(2) An affiliated person of an insurance
producer that is a firm or corporation may deposit the premium fund that the
affiliated person received in the capacity of an affiliated person directly to
the deposit account of the firm or corporation with which the person is
affiliated.
Notes
Stat. Auth.: ORS 731
Stats. Implemented: ORS 744.083
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