Oregon Revised Statutes Insurance § 733.316

(1) The aggregate reserves of an insurer for all life insurance policies, excluding disability and accidental death benefits, issued on or after the operative date stated in ORS 743.204 for the Standard Nonforfeiture Law for Life Insurance, may not be less than the aggregate reserves calculated in accordance with the methods set forth in ORS 733.312, 733.314, 733.320 and 733.322 and the mortality table or tables and rate or rates of interest used in calculating nonforfeiture benefits for such policies.

(2) The aggregate reserves of an insurer for all policies, contracts and benefits may not be less than the aggregate reserves that the appointed actuary determines to be necessary to render the opinion required by ORS 733.304.