OAR 836-011-0253: Definitions

As used in OAR 836-011-0250 to 836-011-0260: (1) “Annual contributions” means total contributions paid by program participants less any premium collected from participants to procure insurance of any kind. (2) “Annual financial statement” means the financial report required under ORS 731.036 or the annual independently audited financial statement provided to program participants under ORS 30.282. The report described in this rule must comply with all applicable Government Accounting Standards Board requirements.