If you are engaged in the operation of a nursing home that handles patients funds in Oregon you are required by the Oregon Department of Human Services to file an Oregon Resident Fund Bond as a condition of licensure.
Bonds Express offers an Oregon Resident Fund 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 Resident Fund Bond holds you accountable for your business decisions.
By possessing an Oregon Resident Fund Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.