Oregon Administrative Rules
Chapter 122 - DEPARTMENT OF ADMINISTRATIVE SERVICES, CHIEF FINANCIAL OFFICE
Division 85 - ACCOUNTS RECEIVABLE MANAGEMENT
Section 122-085-0110 - Definitions
Current through Register Vol. 63, No. 12, December 1, 2024
(1) "Account" means a debt relationship between a state agency and an individual or an entity, which may include multiple obligations and time periods.
(2) "Consensual Security Interest" means an enforceable interest in real or personal property voluntarily created by a debtor to secure an obligation to pay a debt (e.g. a mortgage, trust deed, security agreement, or pledged securities).
(3) "Delinquent (account)" means a receivable for which payment was not received by the initial due date. (The establishment of a payment agreement does not change the status of the delinquency.)
(4) "DOR-OAA" refers to the Department of Revenue Other Agency Account unit.
(5) "Hardship" refers to adverse circumstances, which significantly reduce a debtor's ability to pay. Examples include, but are not limited to, interruptions of income due to family or medical emergencies, job layoff or job skill retraining, long-term/permanent disability, social security, or terminal illness.
(6) "Imprisoned" refers to an individual who is currently incarcerated.
(7) "Litigation" refers to a dispute when the account:
(8) "Liquidated (account)" has the meaning given in the Oregon Accounting Manual (OAM). Generally speaking, a liquidated account is one in which:
(9) "Mandatory collection agency transfer (MCAT) account" refers to an account that is:
(10) "MCAT eligibility date" refers to the latter of the following dates:
(11) "Non-consensual lien" means a lien established by operation of law; such as a judgment with a financial obligation or the recording of an administrative record (e.g. agency distraint warrant or civil penalty final order).
(12) "Payment" means a voluntary amount of money paid by a debtor to a state agency or an involuntary amount of money paid by a debtor through offset or garnishment.
(13) "PCF" refers to a private collection firm.
(14) "State agency" means any officer, board, commission, department, division or institution in the executive or administrative branch of state government subject to ORS 293.
Statutory/Other Authority: ORS 291.015, 293.227
Statutes/Other Implemented: ORS 291.015(1), 293.227(1), & 293.227(2)