Oregon Revised Statutes Chapter 651 § 651.040 — Bond
Oregon Revised Statutes Chapter 651 ·
Oregon Code § 651.040·Enacted ·Last updated March 01, 2026
Statute Text
Bond
of commissioner.
(1) The Commissioner of the Bureau of Labor and Industries shall, before
entering upon the duties of the office of the commissioner, execute a bond to
the state in the sum of $5,000, conditioned upon the faithful, honest and
impartial performance of the duties under ORS 651.030, 651.050, 651.060,
651.120, 651.160 and 651.170 and upon the prompt and faithful accounting for
all fees of any nature collected by the commissioner or by designated
assistants or deputies.
(2) The bond
shall be approved by the Attorney General regarding its legal form and be filed
in the office of the Secretary of State.
(3) The premium
on the bond shall be payable from any fund under the control and administration
of the commissioner or of the Bureau of Labor and Industries or from any
appropriation made for the purpose of defraying the expenses of the
commissioner or of the Bureau of Labor and Industries. [Amended by 1979 c.225 §1]
Plain English Explanation
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Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 651.040
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Bond
. Read the full statute text above for details.
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The formal citation is Oregon Code § 651.040. Use this format in legal documents and court filings.
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