If you are engaged as a Registered Operative in that State of Oregon, the Department of Public Safety requires that you execute a Oregon Registered Operative Bond in the amount of $5,000 to ensure compliance with ORS Chapter 703.
Bonds Express offers a Oregon Registered Operative Bond with a 99% approval rate.
A surety bond protects the party requesting the bond, the Obligee, against any financial losses as a result of poor financial decisions, damages, unethical decisions, or a failure to follow state and local laws on the part of you, the Principal. The Oregon Registered Operative Bond holds you accountable for your business decisions.
By possessing a Oregon Registered Operative Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.