Oregon Revised Statutes Chapter 656 § 656.635 — Reserve accounts in Industrial Accident Fund
Oregon Revised Statutes Chapter 656 ·
Oregon Code § 656.635·Enacted ·Last updated March 01, 2026
Statute Text
Reserve accounts in Industrial Accident Fund.
(1) The State Accident Insurance Fund Corporation may
set aside, out of interest and other income received through investment of the
Industrial Accident Fund, such part of the income as the State Accident
Insurance Fund Corporation considers necessary, which moneys so segregated
shall remain in the fund and constitute one or more reserve accounts. Such
reserve accounts shall be maintained and used by the State Accident Insurance
Fund Corporation to offset gains and losses of invested capital.
(2) The State
Accident Insurance Fund Corporation may provide for amortizing gains and losses
of invested capital in such instances as the State Accident Insurance Fund
Corporation determines that amortization is preferable to a reserve account
provided for in subsection (1) of this section. [1967 c.335 §57]
Plain English Explanation
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Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 656.635
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Reserve accounts in Industrial Accident Fund. Read the full statute text above for details.
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The formal citation is Oregon Code § 656.635. Use this format in legal documents and court filings.
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