ORS 806.040
Judgments for which financial responsibility requirements established

Financial responsibility requirements are designed to provide for minimum payment of judgments of the type described in this section. For the purposes of ORS 806.130 (Self-insurance), 806.140 (Certificate), 809.130 (Suspension or revocation of driving privileges for unsettled judgment) and 809.470 (When judgment considered settled for purposes of suspension requirements), judgments of the type described in this section must:

(1)

Have become final by expiration, without appeal, of the time within which an appeal might have been perfected or by final affirmation on appeal;

(2)

Be rendered by a court of competent jurisdiction of any state or of the United States;

(3)

Be upon a cause of action for damages of the type described under subsection (4) of this section or upon a cause of action on an agreement of settlement for such damages; and

(4)

Be for one or more of the following kinds of damage arising out of a motor vehicle accident on public or private property:

(a)

Damages, including damages for care and loss of services, because of bodily injury to or death of any person.

(b)

Damages because of injury to or destruction of property, including the loss of use thereof. [1983 c.338 §840; 1985 c.16 §424; 1987 c.258 §1; 1995 c.41 §4; 2003 c.175 §4; 2009 c.257 §10; 2021 c.630 §86]

Source: Section 806.040 — Judgments for which financial responsibility requirements established, https://www.­oregonlegislature.­gov/bills_laws/ors/ors806.­html.

806.010
Driving uninsured prohibited 806.011
Proof of insurance 806.012
Failure to carry proof of compliance with financial responsibility requirements 806.020
Exemptions from financial responsibility requirements 806.040
Judgments for which financial responsibility requirements established 806.050
Falsification of financial responsibility 806.055
Giving false information about liability insurance to police officer 806.060
Methods of compliance 806.070
Minimum payment schedule 806.075
Insurance requirements for person convicted of driving under influence of intoxicants 806.080
Insurance 806.130
Self-insurance 806.140
Certificate 806.150
Department verification program 806.170
Department check on financial certification on accident reports 806.180
Information to be provided when certification of compliance required 806.190
Insurance carrier report of person involved in accident who is in violation of ORS 806.010 806.195
Information submitted by insurers 806.200
Failure to file after accident 806.210
Exemption from requirement to file after accident 806.220
Failure to file after failing verification 806.230
Failure of previous violator to file 806.240
Proof of compliance with future responsibility filing requirement 806.245
Termination of future responsibility filing requirement 806.270
Certificate of insurance 806.280
When certificate of insurer not authorized to do business in this state may be used 806.290
Automatic termination of insurance under future responsibility filing upon subsequent filing 806.300
Failure to surrender license and registration on cancellation of future responsibility filing
Green check means up to date. Up to date

Current through early 2024

§ 806.040’s source at oregon​.gov