Oregon Statutes 278.022 – Coverage of vessels
In addition to any other coverage under this chapter, if a vessel which is the personal property of an agency or if property on any other vessel is damaged or destroyed as a direct result of collision with another vessel, striking any object, whether submerged or not, sinking, grounding, stranding, or other perils of the sea, the Oregon Department of Administrative Services shall pay the cost of restoring the vessel or property out of the Insurance Fund in an amount not to exceed the appraised value established pursuant to this chapter. If an agency’s vessel becomes disabled at sea for any reason, the department shall reimburse the agency from the Insurance Fund for the cost of towing the vessel to the nearest port where repairs can be accomplished. [1961 c.448 § 11; 1965 c.140 § 2; 1969 c.670 § 6; 1975 c.609 § 22; 1982 s.s.1 c.28 § 2; 1985 c.731 § 9; 1991 c.566 § 2]
Terms Used In Oregon Statutes 278.022
- agency: means each state branch, institution, department, board, commission or activity of whatever nature. See Oregon Statutes 278.005
- Department: means the Oregon Department of Administrative Services. See Oregon Statutes 278.005
- Property: means real and personal property as defined in this section, and any other property under the control of the state in which the state has an insurable interest as determined by the department. See Oregon Statutes 278.005
- Vessel: means a boat, ship, craft or structure made to float or travel upon the water which may or may not be powered by a marine engine. See Oregon Statutes 278.005
[1953 c.581 § 5; 1969 c.670 § 7; 1975 c.609 § 23; repealed by 1985 c.731 § 32]
[Amended by 1981 c.109 § 9; 1982 s.s.1 c.28 § 3; repealed by 1985 c.731 § 32]
[1961 c.448 6,7; 1969 c.670 § 8; 1975 c.609 § 24; repealed by 1985 c.731 § 32]
[Amended by 1961 c.448 § 8; repealed by 1985 c.731 § 32]
[1969 c.670 § 3; 1982 s.s.1 c.28 § 4; repealed by 1985 c.731 § 32]
[1969 c.670 § 4; 1982 s.s.1 c.28 § 5; repealed by 1985 c.731 § 32]