Or. Admin. Code § 836-051-0156
Current through Register Vol. 63, No. 12, December 1, 2024
An insurer shall treat funds withdrawn from a contract, when such funds are subject to surrender charges, as withdrawn on a first-in-first-out basis unless the insurer allows an alternative method that is more beneficial to the contract holder.
Or. Admin. Code § 836-051-0156
Stat. Auth.: Sec. 2, Ch. 85 OL 2015
Stats. Implemented: Sec. 2, Ch. 85 OL 2015