ORS 292.040¹
Bond of payroll officer

Before the superintendent, president or other officer of an institution, board or commission listed in ORS 292.039 (Paying officers and employees of certain state institutions and agencies), forwards a payroll or receives from the Oregon Department of Administrative Services a warrant issued thereon, the superintendent, president or other officer shall file with the department a bond running to the State of Oregon, for the benefit of whomsoever it may concern, in such sum and amount as the department may require, not less, however than 50 percent of the probable aggregate amount of the monthly payroll nor more than $50,000, with an approved surety company as surety. The bond shall be conditioned that the superintendent, president or other officer will faithfully pay over the moneys received on the warrant issued by the department to the several parties entitled thereto, and properly account for the same. The premium on the bond shall be considered an expense of the state and payable from any funds appropriated for the benefit of the institution, board, commission or state agency listed in ORS 292.039 (Paying officers and employees of certain state institutions and agencies) (1). [Amended by 1953 c.95 §2; 1967 c.454 §85; 1969 c.378 §9; 1989 c.171 §38]

Atty. Gen. Opinions

Authority for voluntary pension trust program for public employes not in educa­tion, (1971) Vol 35, p 998; constitu­tionality of legislative pro­hi­bi­­tion of pay­ment of salary to judges who have failed to file case comple­tion certificate, (1981) Vol 41, p 382

1 Legislative Counsel Committee, CHAPTER 292—Salaries and Expenses of State Officers and Employees, https://­www.­oregonlegislature.­gov/­bills_laws/­Archive/­2007ors292.­pdf (2007) (last ac­cessed Feb. 12, 2009).
2 Legislative Counsel Committee, Annotations to the Oregon Revised Stat­utes, Cumulative Supplement - 2007, Chapter 292, https://­www.­oregonlegislature.­gov/­bills_laws/­ors/­292ano.­htm (2007) (last ac­cessed Feb. 12, 2009).
3 OregonLaws.org assembles these lists by analyzing references between Sections. Each listed item refers back to the current Section in its own text. The result reveals relationships in the code that may not have otherwise been apparent. Currency Information