Or. Admin. Code § 735-050-0055

Current through Register Vol. 63, No. 10, October 1, 2024

Section 735-050-0055 - Proof of Compliance with Financial Responsibility Requirements

(1) This rule specifies the information that constitutes satisfactory proof of compliance with financial responsibility requirements for the purposes of vehicle registration renewal under ORS 803.460 and accident reporting under ORS 811.725.

(2) For the purposes of ORS 803.460 and ORS 811.725, DMV shall accept any one the following as proof of compliance with financial responsibility requirements:

(a) The name of the insurer issuing policy and the policy number, the insurance producer's binder number, or any other number that identifies the policy.

(b) A valid certificate of self-insurance as established in ORS 806.130.

(c) Information that a motor vehicle liability insurance policy has been issued for a vehicle applying for renewal of registration, submitted by insurers under ORS 742.580, 806.195, and OAR 735-050-0131, unless DMV has reason to believe that the information is incorrect, outdated, or the policy has been cancelled or not renewed.

(3) Nothing in this rule shall prevent DMV:

(a) From requiring an applicant for vehicle registration renewal to provide proof of compliance with financial responsibility requirements, as set forth in ORS 803.460(1); and

(b) From using any information submitted by insurers under ORS 742.580, 806.195 and OAR 735-050-0131, to verify the accuracy of any proof of compliance with financial responsibility requirements submitted by the owner of a vehicle, or for any other purpose related to enforcement of compliance with financial responsibility requirements.

Or. Admin. Code § 735-050-0055

DMV 19-2002, f. & cert. ef. 10-14-02; DMV 51-2018, amend filed 12/13/2018, effective1/22/2019; DMV 33-2019, amend filed 12/17/2019, effective 1/1/2020; DMV 7-2021, minor correction filed 04/12/2021, effective 4/12/2021; DMV 10-2021, amend filed 05/14/2021, effective 6/1/2021

Statutory/Other Authority: ORS 184.619, 802.010, 803.460 & 806.180

Statutes/Other Implemented: ORS 803.370, 803.460, 806.180 & 811.725