Or. Admin. R. 461-145-0060

Current through Register Vol. 63, No. 6, June 1, 2024

Section 461-145-0060 - Cash

(1) In the month of receipt, cash is counted as income unless the cash qualifies as excluded income under another rule in Chapter 461.

(2) After the month of receipt, cash (including cash on hand, cash in a safety deposit box, and cash held by others) is counted as a resource, unless the cash qualifies as an excluded resource under another rule in Chapter 461.

(3) Foreign currency that can be converted to U.S. currency is treated in the same manner as cash under this rule. The value of foreign currency is its value in U.S. currency, determined by the current exchange rate.

(4) The treatment of a check is based on the source of the funds.

Or. Admin. R. 461-145-0060

AFS 80-1989, f. 12-21-89, cert. ef. 2-1-90; AFS 30-1990, f. 12-31-90, cert. ef. 1-1-91; SSP 4-2007, f. 3-30-07, cert. ef. 4-1-07

Stat. Auth.: ORS 411.060, 411.070, 411.816, 414.042, 418.100

Stats. Implemented: ORS 411.060, 411.070, 411.700, 411.816, 414.042, 418.100