ORS 705.148
Transfers from Consumer and Business Services Fund to Workers’ Benefit Fund

  • purpose
  • amount
  • liability limit

(1)

The Director of the Department of Consumer and Business Services shall transfer workers’ compensation premium assessment revenue from the Consumer and Business Services Fund to the Workers’ Benefit Fund to finance the cost of carrying out the provisions of ORS 656.054 (Claim of injured worker of noncomplying employer) and 656.735 (Civil penalty for noncomplying employers) and section 15, chapter 600, Oregon Laws 1985.

(2)

The amount of total transfers during any one year shall be limited to an amount that will produce an ending cash balance approximating six months of projected expenditures in the Workers’ Benefit Fund in regard to its functions under ORS 656.054 (Claim of injured worker of noncomplying employer) and 656.735 (Civil penalty for noncomplying employers) and section 15, chapter 600, Oregon Laws 1985.

(3)

The transfers may be conducted annually, quarterly or monthly. Total annual transfers shall comply with subsection (2) of this section.

(4)

The department’s funded liability for claims costs pursuant to ORS 656.054 (Claim of injured worker of noncomplying employer) and 656.735 (Civil penalty for noncomplying employers) and section 15, chapter 600, Oregon Laws 1985, shall be limited to the amount of moneys included in the transfers determined by the director to be available for these purposes. [1995 c.641 §27]

Source: Section 705.148 — Transfers from Consumer and Business Services Fund to Workers’ Benefit Fund; purpose; amount; liability limit, https://www.­oregonlegislature.­gov/bills_laws/ors/ors705.­html.

705.010
Definitions
705.105
Department of Consumer and Business Services
705.115
Department organization
705.117
Consumer Advocacy Section
705.125
Deputy director
705.135
Delegation
705.137
Information that is confidential or not subject to disclosure
705.138
Confidential and privileged documents
705.139
Agreements with other agencies regarding sharing and use of confidential information
705.141
Criminal records check
705.143
Combined license processing
705.145
Consumer and Business Services Fund
705.146
Prescription Drug Affordability Account
705.148
Transfers from Consumer and Business Services Fund to Workers’ Benefit Fund
705.155
Petty cash funds
705.165
Disposition of moneys accruing from department administration and enforcement of certain laws
705.175
Warrant for collection of debt owed Department of Consumer and Business Services
705.300
Records of actions of director regarding securities, commodity and franchise laws
705.310
Evidentiary effect of certain records regarding securities, commodities and franchises
705.320
Certified documents
705.330
Withdrawal of certain documents
705.340
Access to director’s and department records regarding securities, commodities and franchises
705.350
Fees for certain documents
705.610
Appointment of financial institution examiners
705.630
Charging for extra expenses
705.635
Certificate of approval of certain business registry names filed under ORS 56.023
705.638
“Company” defined
705.640
Enforcement authority regarding conduct of banking business
705.642
Injunction authority regarding conduct of banking business
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