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74 O.S. § 85.30. Statutorily Required Bonds

Whenever, by any presently existing law of this state or by any law hereafter enacted, any officer or employee is required to furnish bond as a prerequisite to employment, such requirement as to terms, conditions, penalty, amount or quality or type of surety shall be and is hereby deemed and defined to mean the furnishing of a bond or surety contract in the manner and amount under the provisions and requirements of this act. 

Associated Attorney General Opinions

Purchase of an additional surety bond to supplement the blanket bond contemplated under 74 O.S. § 85.29 is not authorized under related statutes in the Central Purchasing Act and the amounts set forth in §85.29 are controlling with respect to the authority provided in §85.28. Section 85.31 expressly transfers and confers upon the Purchasing Division the authority to purchase any official, surety and blanket bonds or surety contract authorized by state law.

Note: this Opinion was issued prior to enactment of 74 O.S. §85.58A et seq., which tasks OMES Risk Management with obtaining these blanket bonds.

See 74.O.S. §§85.26 through 85.31.

Purchasing Reference Guide


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