Oregon § 577.550 Bond required of person authorized to receive or disburse council moneys

Oregon Statutes

§ 577.550 — Bond required of person authorized to receive or disburse council moneys

Oregon § 577.550

Vol.15

Title 47Agricultural Marketing and Warehousing

Ch. 577Oregon Beef Council

This text of Oregon § 577.550 (Bond required of person authorized to receive or disburse council moneys) 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. § 577.550 (2026).

Text

Any person authorized by the Oregon Beef Council to receive or disburse moneys as provided in this chapter shall file with the council a fidelity bond executed by a surety company authorized to do business in this state. The bond must be in an amount equal to the maximum amount of moneys the council determines the person will have subject to control at any one time and upon such conditions as the council shall prescribe. The council shall pay the cost of the bond.

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Any person authorized by the Oregon Beef Council to receive or disburse moneys as provided in this chapter shall file with the council a fidelity bond executed by a surety company authorized to do business in this state. The bond must be in an amount equal to the maximum amount of moneys the council determines the person will have subject to control at any one time and upon such conditions as the council shall prescribe. The council shall pay the cost of the bond.