Section 658.416 - Reduction of bond or deposit; conditions.

OR Rev Stat § 658.416 (2019) (N/A)
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(1) If the commissioner finds that the labor contractor has so operated for a period of at least five years, $20,000;

(2) If the commissioner finds that the labor contractor has so operated for at least four years, $22,500;

(3) If the commissioner finds that the labor contractor has so operated for at least three years, $25,000; or

(4) If the commissioner finds that the labor contractor has so operated for at least two years, $27,500. [1995 c.73 §4; 2013 c.584 §8]