Or. Admin. Code § 836-014-0010
Current through Register Vol. 63, No. 12, December 1, 2024
A legal expense organization shall possess and thereafter maintain capital or surplus, or any combination thereof, of not less than $25,000 or an amount equal to 25 percent of the gross written prepaid fees collected from plan members in the preceding calendar year, whichever is greater, but in no case shall the required amount be more than $300,000.
Or. Admin. Code § 836-014-0010
Stat. Auth.: ORS 731 & ORS 750
Stats. Implemented: ORS 750.535(3)(a)