Oregon Statutes - Chapter 733 - Accounting and Investments - Section 733.695 - Investment of funds in obligations that are not investment quality; rules.

Funds of an insurer may be invested in obligations that are not investment grade as established by the Director of the Department of Consumer and Business Services by rule, but the funds that an insurer may invest under this section shall not exceed 20 percent of the insurerís assets. [1989 c.425 §2b; 1993 c.447 §22]

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Last modified: August 7, 2008