Oregon Revised Statutes Chapter 184 § 184.626 — Bond
Oregon Revised Statutes Chapter 184 ·
Oregon Code § 184.626·Enacted ·Last updated March 01, 2026
Statute Text
Bond
of director.
The
Director of Transportation shall furnish a fidelity bond executed by a company
duly licensed to transact the business of surety within this state, in such
penal sum, not less than $200,000, as the Oregon Transportation Commission
shall determine. The bond shall be conditioned for the faithful discharge by
the director of the duties of office, for the faithful performance by all
persons employed by the director of their duties and trusts therein and for the
transfer and delivery to the directors successor in office, or to any other
person authorized by law to receive the same, of all moneys, books, papers,
records and other articles and effects belonging to the office. The premium for
the bond shall be paid out of highway funds. [Formerly 366.150]
Plain English Explanation
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Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 184.626
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Bond
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