Oregon Administrative Rules
Chapter 250 - OREGON STATE MARINE BOARD
Division 16 - OUTFITTER/GUIDE REGISTRATION
Section 250-016-0065 - Surety Bond
Universal Citation: OR Admin Rules 250-016-0065
Current through Register Vol. 63, No. 3, March 1, 2024
(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.
Stat. Auth.: ORS 830.110 & 830.435
Stats. Implemented: ORS 704 & 705
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