(2) The premium for the insurance shall be paid from the Insurance Fund as either an administrative expense or charged to the benefiting state agency, agencies or participating local public bodies.
(3) The department may not implement any plan of self-insurance insuring any part of the liability of the state or its officers, employees or agents under ORS 30.260 to 30.300 until after the plan has been submitted to and approved by the Joint Committee on Ways and Means of the Legislative Assembly. [1975 c.609 §7; 1981 c.109 §17; 1985 c.731 §15; 2012 c.107 §19]