Okla. Stat. tit. 74, § 74-85.58Q
This is the official text of Okla. Stat. tit. 74, § 74-85.58Q, part of Oklahoma’s Stat. tit. 74, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 74,." Browse the sections below, each linked to its official government source.
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Purchase of blanket bond for state officers and
Official statutory text
employees - Bond exclusive.
The Purchasing Division of the Office of Management and
Enterprise Services is directed to purchase from the lowest bidder a
surety contract or contracts in the form known as a "blanket bond"
to cover all elective state officers, appointive officers, and
employees in the manner provided in this section. No other bond
shall be acceptable as surety for any elected or appointed officer
or employee of this state in lieu of said blanket bond. For
purposes of Sections 85.26 through 85.31 of this title, a "blanket
bond" is defined as a public employees' blanket position bond which
covers all employees up to the penalty of the bond for each employee
and the full penalty of the bond is always in force during its term
Oklahoma Statutes - Title 74. State Government Page 227
and no restoration is necessary and there is no additional premium
after a loss is paid.
The Purchasing Division of the Office of Management and
Enterprise Services is directed to purchase from the lowest bidder a
surety contract or contracts in the form known as a "blanket bond"
to cover all elective state officers, appointive officers, and
employees in the manner provided in this section. No other bond
shall be acceptable as surety for any elected or appointed officer
or employee of this state in lieu of said blanket bond. For
purposes of Sections 85.26 through 85.31 of this title, a "blanket
bond" is defined as a public employees' blanket position bond which
covers all employees up to the penalty of the bond for each employee
and the full penalty of the bond is always in force during its term
Oklahoma Statutes - Title 74. State Government Page 227
and no restoration is necessary and there is no additional premium
after a loss is paid.
Status: in_force · Read it on the official government site
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