Or. Admin. Code § 250-016-0065 - Surety Bond
(1) Outfitter
and Guides who collect deposits in excess of $100.00 per person for a trip are
required to furnish proof of a $5,000.00 surety bond or a fully-executed Letter
of Credit issued by a financial institution licensed to do business in Oregon
in the amount of $5,000.00.
(2)
Proof shall consist of a fully executed Surety Bond or a Letter of
Credit.
Notes
Stat. Auth.: ORS 830.110 & 830.435
Stats. Implemented: ORS 704 & 705
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