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Current as of January 01, 2023 | Updated by Findlaw Staff
(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.
Cite this article: FindLaw.com - Oregon Revised Statutes Oregon Vehicle Code § 806.140 - last updated January 01, 2023 | https://codes.findlaw.com/or/title-59-oregon-vehicle-code/or-rev-st-sect-806-140/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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