Oregon Code § 656.632·Enacted ·Last updated March 01, 2026
Statute Text
Industrial Accident Fund.
(1) The Industrial Accident Fund is continued. This fund shall be held by the
State Treasurer and by the State Treasurer deposited in such banks as are
authorized to receive deposits of general funds of the state.
(2) All moneys
received by the State Accident Insurance Fund Corporation under this chapter,
shall be paid forthwith to the State Treasurer and shall become a part of the
Industrial Accident Fund. However, any assessments collected for the Director
of the Department of Consumer and Business Services under this chapter and
deposited in the Industrial Accident Fund may thereafter be transferred to the
director and deposited in the Consumer and Business Services Fund.
(3) All payments
authorized to be made by the State Accident Insurance Fund Corporation by this
chapter, including all salaries, clerk hire and all other expenses, shall be
made from the Industrial Accident Fund. [Formerly 656.452; 1975 c.556 §47; 2003
c.781 §§9,13]