Oregon Statutes 682.117 – Methods of satisfying financial responsibility requirements; use of deposit
(1) A person may satisfy the financial responsibility requirements of ORS § 682.105 by depositing with the Oregon Health Authority the following:
Terms Used In Oregon Statutes 682.117
- Attachment: A procedure by which a person's property is seized to pay judgments levied by the court.
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Person: includes individuals, corporations, associations, firms, partnerships, limited liability companies and joint stock companies. See Oregon Statutes 174.100
- United States: includes territories, outlying possessions and the District of Columbia. See Oregon Statutes 174.100
(a) Cash;
(b) Legally issued general obligations of the United States, the agencies and instrumentalities of the United States and the States of Oregon, Washington, Idaho and California;
(c) Certificates of deposit or other similar instruments if the instruments are insured by the Federal Deposit Insurance Corporation; or
(d) Any combination of cash or instruments described in this subsection.
(2) The authority shall hold the deposit under terms and conditions that the authority designates by rule. The authority may deliver the deposit to the State Treasurer, who shall receive and hold the deposit subject to the order of the authority. The depositor shall reimburse the State Treasurer for any expenses incurred by the State Treasurer in mailing, insuring, shipping or delivering the cash or instruments in the deposit.
(3) The authority, by order, may authorize the State Treasurer to use the deposit as follows:
(a) To satisfy any execution on a judgment that is against the person making the deposit for any liability described in ORS § 682.105 and that results from a cause of action that accrued after the deposit was made; or
(b) To release any or all of the deposit to the depositor or other person as the authority considers appropriate.
(4) While deposited with the authority, the cash or instruments in the deposit are not subject to attachment or execution unless the attachment or execution arises out of a judgment against the person making the deposit for any liability described in ORS § 682.105 and that results from a cause of action that accrued after the deposit was made.
(5) The authority shall issue the depositor a certificate evidencing the deposit. [2003 c.175 § 22; 2009 c.595 § 1082]
[Repealed by 1969 c.276 § 10 (682.125 enacted in lieu of 682.120 and 682.130)]
[1969 c.276 § 11 (enacted in lieu of 682.120 and 682.130); repealed by 1971 c.734 § 21]
[Repealed by 1969 c.276 § 10 (682.125 enacted in lieu of 682.120 and 682.130)]
[Formerly 823.130; renumbered 682.204 in 2003]
[Repealed by 1981 c.339 § 19]
[Formerly 823.140; 1997 c.637 2,2a; renumbered 682.208 in 2003]
[Amended by 1961 c.248 § 4; 1969 c.276 § 12; 1971 c.650 § 31; 1973 c.289 § 1; 1981 c.339 § 9; renumbered 677.855]
[Formerly 823.145; 1997 c.751 § 3; renumbered 682.212 in 2003]
[Formerly 823.150; 1997 c.637 § 4; 1997 c.751 § 4; renumbered 682.216 in 2003]
[Amended by 1953 c.525 § 6; 1975 c.697 § 5; 1979 c.114 § 2; 1981 c.339 § 10; 1983 c.486 § 64; renumbered 677.860]
[1975 c.697 § 3; repealed by 1983 c.486 § 68]
[Amended by 1967 c.15 § 2; 1969 c.276 § 13; 1969 c.314 § 83; renumbered 677.865]
[Formerly 823.160; 1997 c.637 § 5; 1997 c.751 § 5; 1997 c.791 § 33; 1999 c.554 § 1; 2001 c.691 § 1; renumbered 682.220 in 2003]
[Repealed by 1969 c.317 § 2]
[Formerly 823.165; 1997 c.637 § 6; 2001 c.691 § 2; renumbered 682.224 in 2003]
[Amended by 1953 c.525 § 6; 1955 c.135 § 2; 1957 c.700 § 1; 1967 c.637 § 30; 1969 c.276 § 14; repealed by 1973 c.427 § 22 (682.191 enacted in lieu of 682.190)]
[1973 c.427 § 23 (enacted in lieu of 682.190); 1983 c.486 § 65; renumbered 677.870]
[Formerly 823.170; 1997 c.660 § 1; 1997 c.751 § 6; 1999 c.1056 § 7; renumbered 682.039 in 2003]
[Amended by 1961 c.248 § 5; renumbered 677.875]
EMERGENCY MEDICAL SERVICES PROVIDERS