Oregon § 656.642 Emergency Fund

Oregon Statutes

§ 656.642 — Emergency Fund

Oregon § 656.642

Vol.16

Title 51Labor and Employment; Unlawful Discrimination

Ch. 656Workers’ Compensation

This text of Oregon § 656.642 (Emergency Fund) is published on Counsel Stack Legal Research, covering Oregon primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Or. Rev. Stat. § 656.642 (2026).

Text

(1)There is created a revolving fund known as the Emergency Fund, which shall be deposited and maintained with the State Treasurer in the sum of $200,000.

(2)The Emergency Fund shall be disbursed by checks or orders issued by the State Accident Insurance Fund Corporation and drawn upon the State Treasurer:

(a)To pay compensation benefits.

(b)To refund to employers amounts paid to the Industrial Accident Fund in excess of the amounts required by this chapter.

(c)To distribute any surplus to employers as required by ORS 656.526.

(d)To distribute any moneys recovered from an employer or third party in which the State Accident Insurance Fund Corporation has no equity.

(e)To pay administrative expenses.

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(1) There is created a revolving fund known as the Emergency Fund, which shall be deposited and maintained with the State Treasurer in the sum of $200,000.
(2) The Emergency Fund shall be disbursed by checks or orders issued by the State Accident Insurance Fund Corporation and drawn upon the State Treasurer:
(a) To pay compensation benefits.
(b) To refund to employers amounts paid to the Industrial Accident Fund in excess of the amounts required by this chapter.
(c) To distribute any surplus to employers as required by ORS 656.526.
(d) To distribute any moneys recovered from an employer or third party in which the State Accident Insurance Fund Corporation has no equity.
(e) To pay administrative expenses.