Chapter 454 — Sewage Treatment and Disposal Systems
ORS 454.710 Deposit in lieu of bond
In lieu of the surety bond required by ORS 454.705, an applicant for a license required by ORS 454.695 may deposit, under the same terms and conditions as when a bond is filed, the equivalent value in cash or negotiable securities of a character approved by the State Treasurer. The deposit is to be made in a bank or trust company for the benefit of the Department of Environmental Quality. Interest on deposited funds or securities shall accrue to the depositor.
Official sources · 2Tap to view provenance and version history
Provenance
2023 Oregon Revised Statutes
Official online edition
- Source
- oregonlegislature.gov
- SHA-256
2aa9f568…4af45d03- Review
- auto verified
Version history
Prior statutory text is not available in the ingested published editions. Consult an earlier official ORS edition or the cited Oregon Laws chapter.
2025 Oregon Revised Statutes — official online source · active · operative text
Official source2023 Oregon Revised Statutes · active · operative text
Official source