Your recipients will receive an email with this envelope shortly and will be able to access it on trellis. You can always see your envelopes by clicking the Inbox on the top right hand corner.
Your subscription has successfully been upgraded.
Current through Register Vol. 60, No. 12, December 1, 2021
(1) State may require payment bond security. This may be in the form of a Timber Payment Bond or a Blanket Payment Bond. Payment bond security shall be in the form of:
(a) Cash;(b) Cashier's check;(c) Money order;(d) Surety bond;(e) Assignment of surety;(f) Irrevocable letters of credit; or(g) Other securities as determined acceptable by the STATE.(2) At no time shall the amount of the payment bond(s) be less than the value of timber removal and not paid for by PURCHASER, and shall at a minimum be in an amount equal to the standard installment, or the aggregate amount of installments when a blanket bond is used. Surety bonds must be executed on a standard State form.
Or. Admin. R. 629-029-0125
FB 1-1997, f. 9-4-97, cert. ef. 1-1-98
Stat. Auth.: ORS 526.041
Stats. Implemented: ORS 530.050
For full print and download access, please subscribe at https://www.trellis.law/.
Please wait a moment while we load this page.