Oregon Statutes - Chapter 733 - Accounting and Investments - Section 733.656 - Limitation on securities owned or controlled by separate account investments.

An insurer shall not invest the funds of a separate account so as to own or control, under the insurerís general and separate accounts in the aggregate, more than 10 percent of the voting power outstanding of any issuer of securities. Securities held in separate accounts, the voting rights in which are exercisable only in accordance with instructions from persons having interests in such accounts, shall not be considered in applying this section. [1973 c.435 §11]

Section:  Previous  733.620  733.630  733.635  733.640  733.650  733.652  733.654  733.656  733.658  733.660  733.670  733.680  733.685  733.690  733.695  Next

Last modified: August 7, 2008