(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]
Structure 2021 Oregon Revised Statutes
Volume : 19 - Utilities, Vehicle Code, Watercraft, Aviation
Chapter 806 - Financial Responsibility Law
Section 806.010 - Driving uninsured prohibited; penalty.
Section 806.011 - Proof of insurance; rules.
Section 806.020 - Exemptions from financial responsibility requirements.
Section 806.040 - Judgments for which financial responsibility requirements established.
Section 806.050 - Falsification of financial responsibility; penalty.
Section 806.055 - Giving false information about liability insurance to police officer; penalty.
Section 806.060 - Methods of compliance.
Section 806.070 - Minimum payment schedule.
Section 806.130 - Self-insurance.
Section 806.140 - Certificate; issuance; cancellation.
Section 806.150 - Department verification program; rules.
Section 806.195 - Information submitted by insurers; rules; use.
Section 806.200 - Failure to file after accident; penalty.
Section 806.210 - Exemption from requirement to file after accident.
Section 806.220 - Failure to file after failing verification; penalty.
Section 806.230 - Failure of previous violator to file.
Section 806.245 - Termination of future responsibility filing requirement; reasons.
Section 806.270 - Certificate of insurance; requirements; presumption of completeness.