Oregon Statutes - Chapter 731 - Administration and General Provisions - Section 731.516 - Mortgage insurance limitation.

A mortgage insurer shall not have outstanding at any time mortgage insurance policies covering amounts of insured obligations and amounts of insured future lease payments aggregating more than 25 times the insurer’s “surplus to policyholders” as defined in ORS 731.504 (6). [1969 c.692 §5; 1977 c.600 §1]

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Last modified: August 7, 2008