(1) The owner of a vehicle commits the offense of owner failure to report a collision if the owner does any of the following:
(a) If the person owns a vehicle that is involved in a collision that is required to be reported under ORS 811.720 and all of the following apply:
(A) The collision occurred while the vehicle was driven by someone other than the owner of the vehicle.
(B) The driver of the vehicle does not make a collision report as required under ORS 811.725.
(C) The owner of the vehicle fails to report the collision to the Department of Transportation in a form specified by the department as soon as the owner learns of the collision.
(b) If the person is the owner of a vehicle involved in a collision and the person does not make any additional reports the department may require.
(2) The offense described in this section, owner failure to report a collision, is a Class B traffic violation.