§ 85.58T. Schedule of amounts of surety required
Oklahoma Statutes AnnotatedTitle 74. State GovernmentEffective: November 1, 2020
Effective: November 1, 2020
74 Okl.St.Ann. § 85.58T
Formerly cited as OK ST § 85.29
§ 85.58T. Schedule of amounts of surety required
The amount of surety required for each state officer or employee pursuant to Sections 85.26 through 85.31 of this title is as follows:
DEPARTMENT | AMOUNT OF BOND |
---|
Office of the State Treasurer | $300,000.00 | ||
Oklahoma Employment Security Commission | $150,000.00 | ||
Central Services Division of the Office of Management and Enterprise Services | 100,000.00 | ||
Insurance Commission | 100,000.00 | ||
Office of the State Auditor and Inspector | 50,000.00 | ||
Finance Division of the Office of Management and Enterprise Services | 50,000. 00 | ||
Bank Commissioner | 50,000.00 | ||
Commissioners of the Land Office | 50,000.00 | ||
Oklahoma Securities Commission | 50,000.00 | ||
Oklahoma Tax Commission | 50,000.00 | ||
Department of Human Services | 50,000.00 | ||
Oklahoma Public Employees Retirement System | 50,000.00 | ||
Corporation Commission | 50,000.00 | ||
State Board of Education | 50,000.00 | ||
Finance Division | 150,000.00 | ||
All Others | 25,000.00 | ||
Department of Transportation | 25,000.00 | ||
Boards of Regents of Oklahoma Universities and Colleges | 50,000.00 | ||
Office of Attorney General | 10,000.00 | ||
The University Hospitals | 50,000.00 | ||
All Other State Departments, Agencies, Institutions, Commissions, Authorities, and other bodies of state government | 10,000.00 |
Provided, however, that nothing in The Oklahoma Central Purchasing Act shall prohibit any head of a department, institution, agency, commission, authority or other body of state government from requiring the Central Purchasing Division to purchase increased amounts of blanket bond coverage for his or her employees up to a total maximum coverage of Fifty Thousand Dollars ($50,000.00) when the listed amount is deemed inadequate. The cost of increased coverage shall be borne by the department, institution, agency, commission, authority or other body of state government requesting the increased coverage.
Credits
Laws 1974, c. 131, § 4, operative July 1, 1974; Laws 1979, c. 30, § 163, emerg. eff. April 6, 1979; Laws 1980, c. 159, § 35, emerg. eff. April 2, 1980; Laws 1983, c. 304, § 113, eff. July 1, 1983; Laws 1989, c. 353, § 8, emerg. eff. June 3, 1989; Laws 1994, c. 283, § 6, eff. Sept. 1, 1994; Laws 2002, c. 50, § 5, eff. Nov. 1, 2002; Laws 2007, c. 354, § 17, eff. Nov. 1, 2007; Laws 2012, c. 304, § 750; Laws 2013, c. 254, § 31, eff. Jan. 1, 2015. Renumbered from T. 74, § 85.29 by Laws 2020, c. 98, § 29, eff. Nov. 1, 2020.
74 Okl. St. Ann. § 85.58T, OK ST T. 74 § 85.58T
Current with emergency effective legislation through Chapter 3 of the Second Regular Session of the 59th Legislature (2024). Some sections may be more current, see credits for details.
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