Oregon Statutes - Chapter 577 - Oregon Beef Council - Section 577.550 - Bond required of person authorized to receive or disburse council moneys.
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. [1959 c.685 §17; 2005 c.22 §410]Section: Previous 577.520 577.525 577.530 577.531 577.532 577.535 577.540 577.550 577.560 577.565 577.570 577.575 577.580 577.585 577.590 Next
Last modified: August 7, 2008