ORS 705.148
Transfers from Consumer and Business Services Fund to Workers’ Benefit Fund

  • purpose
  • amount
  • liability limit

(1)

The Director of the Department of Consumer and Business Services shall transfer workers’ compensation premium assessment revenue from the Consumer and Business Services Fund to the Workers’ Benefit Fund to finance the cost of carrying out the provisions of ORS 656.054 (Claim of injured worker of noncomplying employer) and 656.735 (Civil penalty for noncomplying employers) and section 15, chapter 600, Oregon Laws 1985.

(2)

The amount of total transfers during any one year shall be limited to an amount that will produce an ending cash balance approximating six months of projected expenditures in the Workers’ Benefit Fund in regard to its functions under ORS 656.054 (Claim of injured worker of noncomplying employer) and 656.735 (Civil penalty for noncomplying employers) and section 15, chapter 600, Oregon Laws 1985.

(3)

The transfers may be conducted annually, quarterly or monthly. Total annual transfers shall comply with subsection (2) of this section.

(4)

The department’s funded liability for claims costs pursuant to ORS 656.054 (Claim of injured worker of noncomplying employer) and 656.735 (Civil penalty for noncomplying employers) and section 15, chapter 600, Oregon Laws 1985, shall be limited to the amount of moneys included in the transfers determined by the director to be available for these purposes. [1995 c.641 §27]

Source: Section 705.148 — Transfers from Consumer and Business Services Fund to Workers’ Benefit Fund; purpose; amount; liability limit, https://www.­oregonlegislature.­gov/bills_laws/ors/ors705.­html.

705.010
Definitions 705.105
Department of Consumer and Business Services 705.115
Department organization 705.117
Consumer Advocacy Section 705.125
Deputy director 705.135
Delegation 705.137
Information that is confidential or not subject to disclosure 705.138
Confidential and privileged documents 705.139
Agreements with other agencies regarding sharing and use of confidential information 705.141
Criminal records check 705.143
Combined license processing 705.145
Consumer and Business Services Fund 705.146
Prescription Drug Affordability Account 705.148
Transfers from Consumer and Business Services Fund to Workers’ Benefit Fund 705.155
Petty cash funds 705.165
Disposition of moneys accruing from department administration and enforcement of certain laws 705.175
Warrant for collection of debt owed Department of Consumer and Business Services 705.300
Records of actions of director regarding securities, commodity and franchise laws 705.310
Evidentiary effect of certain records regarding securities, commodities and franchises 705.320
Certified documents 705.330
Withdrawal of certain documents 705.340
Access to director’s and department records regarding securities, commodities and franchises 705.350
Fees for certain documents 705.610
Appointment of financial institution examiners 705.630
Charging for extra expenses 705.635
Certificate of approval of certain business registry names filed under ORS 56.023 705.638
“Company” defined 705.640
Enforcement authority regarding conduct of banking business 705.642
Injunction authority regarding conduct of banking business
Green check means up to date. Up to date

Current through early 2024

§ 705.148’s source at oregon​.gov