74 O.S. § 85.58T. Schedule of Amounts of Surety Required
The amount of surety required for each state officer or employee pursuant to Sections 85.26 through 85.31 of this title is as follows:
DEPARTMENT | AMOUNT OF BOND |
Office of the State Treasurer | $300,000.00 |
Oklahoma Employment Security Commission | $150,000.00 |
Central Services Division of the Office of Management and Enterprise Services | 100,000.00 |
Insurance Commission | 100,000.00 |
Office of the State Auditor and Inspector | 50,000.00 |
Finance Division of the Office of Management and Enterprise Services | 50,000.00 |
Bank Commissioner | 50,000.00 |
Commissioners of the Land Office | 50,000.00 |
Oklahoma Securities Commission | 50,000.00 |
Oklahoma Tax Commission | 50,000.00 |
Department of Human Services | 50,000.00 |
Oklahoma Public Employment Retirement System | 50,000.00 |
Corporation Commission | 50,000.00 |
State Board of Education | 50,000.00 |
Finance Division | 150,000.00 |
All Others | 25,000.00 |
Department of Transportation | 25,000.00 |
Boards of Regents of Oklahoma Universities and Colleges | 50,000.00 |
Office of Attorney General | 10,000.00 |
The University Hospitals | 50,000.00 |
All Other State Departments, Agencies, Institutions, Commissions, Authorities, and other bodies of state government | 10,000.00 |
Provided, however, that nothing in The Oklahoma Central Purchasing Act shall prohibit any head of a department, institution, agency, commission, authority or other body of state government from requiring the Central Purchasing Division to purchase increased amounts of blanket bond coverage for his or her employees up to a total maximum coverage of Fifty Thousand Dollars ($50,000.00) when the listed amount is deemed inadequate. The cost of increased coverage shall be borne by the department, institution, agency, commission, authority or other body of state government requesting the increased coverage.
