Oregon Statutes 651.040 – 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.
Terms Used In Oregon Statutes 651.040
- Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
- Bureau: means the Bureau of Labor and Industries. See Oregon Statutes 651.010
- Commissioner: means the Commissioner of the Bureau of Labor and Industries. See Oregon Statutes 651.010
(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]