# ORS § 178.030: 178.030 Premiums on surety bonds of treasurer and employees paid by state

> Oregon · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_OR_T18_C178_S178.030

## Section

- **Citation:** ORS § 178.030
- **Heading:** 178.030 Premiums on surety bonds of treasurer and employees paid by state
- **Jurisdiction:** Oregon
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** OR Code / Title 18 / Chapter 178 / Section 178.030

## Text

(1) If the State Treasurer, in furnishing the bond required from the State Treasurer by law, furnishes a bond executed by a surety company legally authorized to transact business in this state, and the bond is approved by the Governor, the state shall pay the premium for the bond, not to exceed one-third of one percent per annum of the penalty named in the bond so executed and approved.

(2) Whenever a person employed in the office of the State Treasurer, required by the State Treasurer to furnish a bond, furnishes a bond executed by a surety company legally authorized to transact business in this state, and the bond is approved by the State Treasurer, the state shall pay the premium for the bond, not to exceed one-third of one percent per annum of the penalty named in the bond so executed and approved.

Source: Section 178.030 — Premiums on surety bonds of treasurer and employees paid by state; limit on amount , https://www.­oregonlegislature.­gov/bills_laws/ors/ors178.­html (accessed May 26, 2025).

## Nearby sections

- [ORS § 178.010 178.010 Oath and bond](https://www.frixlaw.com/law-library/statutes/STATE_OR_T18_C178_S178.010.md)
- [ORS § 178.020 178.020 Additional bond requirement](https://www.frixlaw.com/law-library/statutes/STATE_OR_T18_C178_S178.020.md)
- [ORS § 178.030 178.030 Premiums on surety bonds of treasurer and employees paid by state](https://www.frixlaw.com/law-library/statutes/STATE_OR_T18_C178_S178.030.md)
- [ORS § 178.040 178.040 Successive recoveries on bond](https://www.frixlaw.com/law-library/statutes/STATE_OR_T18_C178_S178.040.md)
- [ORS § 178.050 178.050 Duties of State Treasurer](https://www.frixlaw.com/law-library/statutes/STATE_OR_T18_C178_S178.050.md)
- [ORS § 178.060 178.060 Deputy State Treasurer](https://www.frixlaw.com/law-library/statutes/STATE_OR_T18_C178_S178.060.md)
- [ORS § 178.065 178.065 Authority of State Treasurer to require fingerprints](https://www.frixlaw.com/law-library/statutes/STATE_OR_T18_C178_S178.065.md)
- [ORS § 178.090 178.090 Manner of providing evidence of receipt of funds or securities](https://www.frixlaw.com/law-library/statutes/STATE_OR_T18_C178_S178.090.md)
- [ORS § 178.200 178.200 Oregon Retirement Savings Board](https://www.frixlaw.com/law-library/statutes/STATE_OR_T18_C178_S178.200.md)
- [ORS § 178.205 178.205 Powers and duties of Oregon Retirement Savings Board](https://www.frixlaw.com/law-library/statutes/STATE_OR_T18_C178_S178.205.md)
- [ORS § 178.210 178.210 Requirements for Oregon Retirement Savings Plan](https://www.frixlaw.com/law-library/statutes/STATE_OR_T18_C178_S178.210.md)
- [ORS § 178.215 178.215 Rules for Oregon Retirement Savings Plan](https://www.frixlaw.com/law-library/statutes/STATE_OR_T18_C178_S178.215.md)
- [ORS § 178.220 178.220 Confidentiality of account information](https://www.frixlaw.com/law-library/statutes/STATE_OR_T18_C178_S178.220.md)
- [ORS § 178.225 178.225 Oregon Retirement Savings Plan Administrative Fund](https://www.frixlaw.com/law-library/statutes/STATE_OR_T18_C178_S178.225.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_OR_T18_C178_S178.030. Check the current official text before relying on it. Not legal advice.