Motor Carriers

ORS 825.507
Limitations on cancellation of bond

  • suspension of authority


(1)

No bond filed pursuant to ORS 825.506 (Deposit or bond to secure payment of fees, taxes, charges and penalties) may be canceled or otherwise terminated at any time prior to its expiration until the surety company which executed the same, has filed with the Department of Transportation a notice of cancellation as provided in such bond. Such cancellation shall be effective not less than 30 days from the date of receipt, and no agreement between the parties thereto shall operate to avoid this restriction upon cancellation.

(2)

If any bond filed pursuant to ORS 825.506 (Deposit or bond to secure payment of fees, taxes, charges and penalties) becomes inoperative, the authority under the certificate or permit involved shall cease and be suspended insofar as it pertains to any affected vehicles until the requirements of ORS 825.506 (Deposit or bond to secure payment of fees, taxes, charges and penalties) have been met by the carrier. [Formerly 767.795]
§§ 825.450 to 825.555

(formerly 767.775 to 767.995)

Atty. Gen. Opinions

Application of Article XI, section 11b of Oregon Constitution to weight-mile tax collected under these provisions, (1990) Vol 46, p 447

Chapter 825

(formerly chapter 767)

Notes of Decisions

Political subdivisions subject to provisions of Public Contracts and Purchasing Law, [former] ORS chapter 279, are not required to comply with it before entering into contracts for supplies or services of public utilities whose rates are regulated pursuant to this chapter (formerly ORS chapter 767). Bower Trucking and Whse. Co. v. Multnomah Cty., 35 Or App 427, 582 P2d 439 (1978)

Atty. Gen. Opinions

Nonprofit operation of van pools, (1978) Vol 38, p 1780


Source

Last accessed
Jun. 26, 2021