Oregon Revised Statutes Chapter 655 § 655.540 — Disposition and use of assessments
Oregon Revised Statutes Chapter 655 ·
Oregon Code § 655.540·Enacted ·Last updated March 01, 2026
Statute Text
Disposition and use of assessments.
(1) The assessments paid to the Oregon Department of Administrative Services by
the Department of Corrections or the Oregon Youth Authority shall be credited
as a component of the Insurance Fund pursuant to ORS 278.425 and 278.435.
(2) Funds
credited to the adult in custody injury component of the Insurance Fund for the
purposes of ORS 655.505 to 655.555 may be used to effect insurance or
reinsurance with any authority or instrumentality, public or private, or
otherwise to distribute the liability for compensation payable to persons
entitled to recover under ORS 655.505 to 655.555. [1963 c.527 §§9,11; 1967
c.335 §54; 1967 c.637 §§25,25a; 1989 c.966 §66; 1991 c.566 §11; 2013 c.229 §17;
2019 c.213 §110]
Plain English Explanation
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Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 655.540
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
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