LegalFix
Sign In

Section 806.040 - Judgments for which financial responsibility requirements established.

OR Rev Stat § 806.040 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

(1) Have become final by expiration, without appeal, of the time within which an appeal might have been perfected or by final affirmation on appeal;

(2) Be rendered by a court of competent jurisdiction of any state or of the United States;

(3) Be upon a cause of action for damages of the type described under subsection (4) of this section or upon a cause of action on an agreement of settlement for such damages; and

(4) Be for one or more of the following kinds of damage arising out of a motor vehicle accident on public or private property:

(a) Damages, including damages for care and loss of services, because of bodily injury to or death of any person.

(b) Damages because of injury to or destruction of property, including the loss of use thereof. [1983 c.338 §840; 1985 c.16 §424; 1987 c.258 §1; 1995 c.41 §4; 2003 c.175 §4; 2009 c.257 §10]

Previous Section
Section 806.020 - Exemptions from financial responsibility requirements.
Next Section
Section 806.050 - Falsification of financial responsibility; penalty.