Oregon Law
Law as of Jan 1, 2024
Chapter contents
278.005Definitions 278.010[Repealed by 1953 c.581 §11] 278.011State agencies to supply information on property; appraised value determined 278.020[Amended by 1953 c.581 §11; 1961 c.448 §4; 1963 c.634 §4; 1967 c.262 §1; 1969 c.670 §1; 1975 c.609 §10; 1981 c.109 §8; 1982 s.s.1 c.28 §1; 1985 c.731 §8; repealed by 1991 c.566 §14] 278.022Coverage of vessels 278.025[1953 c.581 §5; 1969 c.670 §7; 1975 c.609 §23; repealed by 1985 c.731 §32] 278.030[Amended by 1981 c.109 §9; 1982 s.s.1 c.28 §3; repealed by 1985 c.731 §32] 278.035[1961 c.448 §§6,7; 1969 c.670 §8; 1975 c.609 §24; repealed by 1985 c.731 §32] 278.040[Amended by 1961 c.448 §8; repealed by 1985 c.731 §32] 278.043[1969 c.670 §3; 1982 s.s.1 c.28 §4; repealed by 1985 c.731 §32] 278.047[1969 c.670 §4; 1982 s.s.1 c.28 §5; repealed by 1985 c.731 §32] 278.050Restoring lost, damaged or destroyed property; exceptions; use of fund for other purposes; deductibles 278.052Right of action against person responsible for loss; investigations 278.054[1953 c.581 §6; repealed by 1975 c.605 §33] 278.056[1953 c.581 §7; repealed by 1975 c.605 §33] 278.060[Amended by 1961 c.448 §13; 1981 c.109 §11; repealed by 1985 c.731 §32] 278.070[Amended by 1961 c.448 §14; repealed by 1985 c.731 §32] 278.075State agencies to supply information on media property; scope of coverage 278.080[Amended by 1953 c.581 §11; repealed by 1959 c.12 §1] 278.085[1953 c.581 §1; 1957 c.385 §3; 1961 c.448 §15; 1969 c.670 §10; repealed by 1985 c.731 §32] 278.090[Amended by 1955 c.288 §1; 1959 c.662 §18; repealed by 1975 c.609 §25] 278.100[1975 c.609 §2; 1977 c.428 §3; 1981 c.109 §12; 1981 c.490 §1; 1981 c.913 §1; repealed by 1985 c.731 §32] 278.105[1975 c.609 §3; repealed by 1985 c.731 §32] 278.110[1975 c.609 §4; 1981 c.109 §13; repealed by 1985 c.731 §32] 278.115[1975 c.609 §5; 1981 c.109 §14; 1985 c.731 §13; repealed by 1991 c.566 §14] 278.120Claims management; defense; authority of Attorney General; payment of judgment or settlement; rules 278.125Purchase of insurance; payment of premium; legislative approval of self-insurance plan 278.130Employment of staff assistance; payment for services by Attorney General 278.135[1975 c.609 §9; repealed by 1985 c.731 §32] 278.140[1979 c.669 §3; repealed by 1981 c.109 §24] 278.145[1981 c.109 §21; repealed by 1985 c.731 §32] 278.150Special Liability Revolving Fund; accounting for moneys disbursed 278.200“Motor vehicle” defined for ORS 278.205 and 278.322 278.205Certificates of insurance; coverage; personal injury protection benefits; rules 278.210State has rights and duties of insurer 278.215Uninsured motorist coverage requirements 278.305[1983 c.431 §1; 1985 c.731 §24; repealed by 1995 c.162 §94] 278.315Liability insurance for county or private community care providers 278.320Application of government tort law to claims against private community care providers; liability for damages in excess of coverage 278.322Child care facility liability insurance coverage 278.405Department to manage risk management and insurance programs; rules 278.415Department authorization of agency insurance purchases; exceptions 278.425Insurance Fund; uses 278.435Fund to operate on actuarially sound basis; apportionment; assessment; advances; repayment 278.990[Repealed by 1975 c.609 §25]

Chapter 278 — Insurance for Public Bodies

ORS 278.425 Insurance Fund; uses

(1)

There is established an Insurance Fund as a separate fund in the State Treasury, separate and distinct from the General Fund, which shall be used to provide insurance and self-insurance for the State of Oregon under this chapter, and for participating local public bodies under ORS 30.282 and 278.125 to 278.215. The moneys in the Insurance Fund may be invested as provided in ORS 293.701 to 293.857 in “investment funds” as defined in ORS 293.701 which includes the Insurance Fund. Interest earned by the fund shall be credited to the fund.

(2)

The Insurance Fund shall be administratively separated to assure individual accountability of the state and local public body liability insurance programs under ORS 30.282 and 278.125 to 278.215 and the state property insurance program under this chapter.

(3)

All moneys arising from the operation of this section and ORS 278.405, 278.415 and 278.435 and the provisions of this chapter and ORS 30.260 to 30.300 and 278.322 shall be set aside by the State Treasurer and credited to the Insurance Fund. The moneys in the Insurance Fund are continuously appropriated to the Oregon Department of Administrative Services to administer the provisions of this chapter and ORS 30.260 to 30.300 and 278.322.

Official sources · 2Tap to view provenance and version history

Online copy of the published ORS edition

Provenance

Version history

Prior statutory text is not available in the ingested published editions. Consult an earlier official ORS edition or the cited Oregon Laws chapter.