Payment on lost, stolen or destroyed instruments; indemnity bonds not required.

  1. Law
  2. Oregon Revised Statutes
  3. Public Facilities and Finance
  4. Administration of Public Funds
  5. Payment on lost, stolen or destroyed instruments; indemnity bonds not required.

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(2) Notwithstanding subsection (1) of this section, a person, including an officer or employee, is not required to furnish a bond of indemnity for the amount of the lost instrument in cases of destroyed, stolen or lost instruments, but is required to furnish a statement as provided in ORS 293.475. [Formerly 291.518; 1967 c.221 §1; 1973 c.478 §1; 1979 c.763 §1; 2005 c.110 §2]


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