ORS 571.474: Fidelity bond; conditions on bond; payment of cost of bond.
Edition: 2025 EditionEffective: 2026-01-01Last verified: 2026-09-07
(1) A person authorized by the Oregon Hemp Commission to receive or disburse moneys under ORS 571.400 to 571.501 shall obtain a fidelity bond from the Oregon Department of Administrative Services. (2) The bond must be in an amount equal to the maximum amount of moneys that the commission determines the person may control. The commission may establish conditions on the person’s control of moneys under this section. (3) The commission shall pay the cost of the bond. (4) If the person is an employee of the commission, the department shall purchase the bond and the commission shall pay the cost of the bond. [2021 c.216 §27]
Official history and status
History: Note: See note under 571.400.
Administrative rules citing this section
- OAR 648-010-0010: Definitions — implements
- OAR 648-010-0020: Assessments — implements
- OAR 648-010-0030: Effective Dates of Assessments — implements
- OAR 648-010-0040: Reports and Payments of Assessment Moneys — implements
- OAR 648-010-0050: Penalties — implements
- OAR 648-010-0060: Records of Producer Required to Pay Assessment — implements
- OAR 648-010-0070: Dispute Regarding Amount of Assessment — implements
This rule cites
- ORS 571.400 — resolved
- 571.501 — resolved
Cited by
No inbound citations found.
Official source: https://www.oregonlegislature.gov/bills_laws/ors/ors571.html