(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.
(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]
Section: Previous 806.080 806.090 806.100 806.110 806.115 806.120 806.130 806.140 806.150 806.160 806.170 806.180 806.190 806.195 806.200 NextLast modified: August 7, 2008