Oregon Revised Statutes Chapter 319 § 319.580 — Deposit in lieu of bond
Oregon Revised Statutes Chapter 319 ·
Oregon Code § 319.580·Enacted ·Last updated March 01, 2026
Statute Text
Deposit in lieu of bond.
In lieu of any bond or bonds in total amount as fixed under ORS 319.570, any
user may deposit with the Department of Transportation, under such terms and
conditions as the department may prescribe, a like amount of lawful money of
the United States or negotiable 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. The department shall
turn over to the State Treasurer for safekeeping all such deposits so received.
Plain English Explanation
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Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 319.580
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 § 319.580. Use this format in legal documents and court filings.
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