ORS 658.075: Agency to file security.
Edition: 2025 EditionEffective: 2026-01-01Last verified: 2026-09-07
(1) Each employment agency shall maintain a corporate surety bond or irrevocable letter of credit issued by an insured institution as defined in ORS 706.008 of $5,000, payable to the people of the State of Oregon, conditioned that the employment agency will comply with ORS 658.005 to 658.245 and will pay: (a) All sums legally owing to any person when the employment agency or its agents have received such sums; (b) All damages occasioned to any person by reason of any willful misrepresentation, fraud, deceit or other unlawful act or omission by the employment agency, or its agents or employees acting within the scope of their employment; and (c) All sums legally owing to any employee of the employment agency. (2) For the purposes of this section, each general partner shall furnish the required bond or letter of credit. When an employment agency is operated by a limited liability company or corporation, the bond or letter of credit shall be in the name of the limited liability company or corporation. [1953 c.694 §7; 1961 c.380 §8; 1973 c.678 §6; 1981 c.318 §9; 1983 c.607 §2; 1987 c.306 §3; 1991 c.331 §101; 1997 c.55 §5; 1997 c.631 §519]
Administrative rules citing this section
- OAR 603-082-0010: Purpose — implements
- OAR 603-082-0020: Definitions — implements
- OAR 839-017-0004: Definitions Generally — implements
- OAR 839-017-0011: Contents of Contracts between Employment Agencies and Applicants for Employment — implements
- OAR 839-017-0040: Fee Paid Positions — implements
- OAR 839-017-0052: Bona Fide Job Order Requirements — implements
- OAR 839-017-0054: Identification by Agency to Employer and Accepting Fee Paid Orders — implements
- OAR 839-017-0070: Job Referral Documents — implements
- OAR 839-017-0180: Advertising Deemed False or Misleading — implements
- OAR 839-017-0272: Filing Claims Against Bonds or Letters of Credit Maintained by the Employment Agency; Time for Filing Claims — implements
- OAR 839-017-0274: Violations for Which a Civil Penalty May Be Imposed — implements
- OAR 839-017-0276: Definition of “Acting Knowingly” — implements
- OAR 839-017-0277: Criteria to Determine Civil Penalty to Be Imposed — implements
- OAR 839-017-0280: Schedule of Civil Penalties to Be Imposed — implements
- OAR 839-017-0376: Disputes Between Agencies and Their Employees — implements
- OAR 839-017-0500: Contracts Between Employment Listing Services and Individuals — implements
- OAR 839-017-0505: Fees Charged by Employment Listing Services — implements
- OAR 839-017-0510: Confirmation of Position Availability by Employment Listing Services — implements
- OAR 839-017-0515: Employment Listing Services Required to be Registered — implements
- OAR 839-017-0520: Employment Listing Service Fee Forfeiture Provisions — implements
This rule cites
- ORS 706.008 — resolved
- ORS 658.005 — resolved
- 658.245 — resolved
Cited by
Official source: https://www.oregonlegislature.gov/bills_laws/ors/ors658.html