Oregon Code § 526.036·Enacted ·Last updated March 01, 2026
Statute Text
Fidelity bonds.
(1) Before entering upon the duties of office, the forester shall furnish a
fidelity bond in favor of the State of Oregon in the penal sum of $100,000
issued by one or more corporate sureties authorized to do business in the State
of Oregon, conditioned upon the faithful and honest handling and disposition of
the moneys in the State Forestry Department Account and any other moneys in the
hands of the forester. The bond and sureties are subject to approval by the
Director of the Oregon Department of Administrative Services as provided in ORS
291.011.
(2) The premium
for the bond shall be paid from the appropriation of the State Board of
Forestry.
(3) Except as
provided in subsection (1) of this section, the board may require a fidelity
bond, with one or more corporate sureties authorized to do business in this
state, of any officer or employee of the State Forestry Department. The board
shall fix the amount of the bond, which otherwise is subject to subsections (1)
and (2) of this section. [Formerly 526.070; 1967 c.419 §16]
Plain English Explanation
This Oregon statute addresses Fidelity bonds. AI-powered analysis coming soon.
Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 526.036
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Fidelity bonds. Read the full statute text above for details.
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