Oregon § 571.474 Fidelity bond; conditions on bond; payment of cost of bond

Oregon Statutes

§ 571.474 — Fidelity bond; conditions on bond; payment of cost of bond

Oregon § 571.474

Vol.15

Title 46Agriculture

Ch. 571Nursery Stock; Licensed Agricultural Crops

This text of Oregon § 571.474 (Fidelity bond; conditions on bond; payment of cost of bond) is published on Counsel Stack Legal Research, covering Oregon primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Or. Rev. Stat. § 571.474 (2026).

Text

(1)A person authorized by the Oregon Hemp Commission to receive or disburse moneys under ORS 571.400 to 571.501 shall obtain a fidelity bond from the Oregon Department of Administrative Services.

(2)The bond must be in an amount equal to the maximum amount of moneys that the commission determines the person may control. The commission may establish conditions on the person’s control of moneys under this section.

(3)The commission shall pay the cost of the bond.

(4)If the person is an employee of the commission, the department shall purchase the bond and the commission shall pay the cost of the bond.

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(1) A person authorized by the Oregon Hemp Commission to receive or disburse moneys under ORS 571.400 to 571.501 shall obtain a fidelity bond from the Oregon Department of Administrative Services.
(2) The bond must be in an amount equal to the maximum amount of moneys that the commission determines the person may control. The commission may establish conditions on the person’s control of moneys under this section.
(3) The commission shall pay the cost of the bond.
(4) If the person is an employee of the commission, the department shall purchase the bond and the commission shall pay the cost of the bond.