(1) The Department of Transportation shall issue a certificate of self-insurance for purposes of financial responsibility requirements under ORS § 806.060 and future responsibility filings under ORS § 806.240 to any person who qualifies under ORS § 806.130.

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Terms Used In Oregon Statutes 806.140

  • Person: includes individuals, corporations, associations, firms, partnerships, limited liability companies and joint stock companies. See Oregon Statutes 174.100

(2) The department may cancel a certificate of self-insurance issued under this section upon reasonable grounds. Failure to pay any judgment described under ORS § 806.040 within 30 days after it has become final constitutes reasonable grounds for cancellation under this subsection. The department shall give not less than five days’ notice and a hearing pursuant to such notice before the department may cancel under this subsection. [1983 c.338 § 850]

 

ENFORCEMENT

 

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