Oklahoma Public Official Bond

OklahomaThe state of Oklahoma enacted a new law regarding public officials. The new law, titled SB 1766, eradicated the office of “secretary-treasurer” from the Oklahoma Conservation board of directors. Under the previous law, the secretary-treasurer was required to obtain a surety bond. The Oklahoma Conservation board will continue to have a “treasurer” position, but the previous bond requirement is eliminated. SB 1766 became active upon the May 2nd, 2008 enactment.