
The state of Oregon has enacted a new bill concerning manufactured structure dealers. The new bill is titled SB 85 and gets rid of the cap on the amount recoverable by anyone other than a retail customer on the surety bond that’s required of manufactured structure dealers. The previous law capped the recoverable amount at $20,000.
Category: Commercial Bonds, Misc. Commerical Bonds, Surety News
Tags: bond requirements, commercial bonds, legislation, Manufactured Structure Dealer Bond, OR, Oregon, surety bond