Oregon Revised Statutes Chapter 319 § 319.060 — Deposit in lieu of bond
Oregon Revised Statutes Chapter 319 ·
Oregon Code § 319.060·Enacted ·Last updated March 01, 2026
Statute Text
Deposit in lieu of bond.
In lieu of the bond or bonds in total amount as fixed under ORS 319.050,
319.051, 319.052 or 319.053, any dealer may deposit with the State Treasurer,
under such terms and conditions as the Department of Transportation may
prescribe, a like amount of lawful money of the United States or bonds or other
obligations of the United States, the State of Oregon, or any county of this
state, of an actual market value not less than the amount so fixed by the
department. [Amended by 2003 c.52 §7]
Plain English Explanation
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Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 319.060
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Deposit in lieu of bond. Read the full statute text above for details.
This page reflects the current text as of our last update. Always verify with the official Oregon legislature website for the most current version.
The formal citation is Oregon Code § 319.060. Use this format in legal documents and court filings.
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