Or. Admin. R. 471-031-0210

Current through Register Vol. 63, No. 9, September 1, 2024

Section 471-031-0210 - Bond or Deposit

(1) For the purposes of ORS 657.507(1), the director or an authorized representative may demand a bond or deposit to protect the Unemployment Compensation Trust Fund balance when the director or an authorized representative has determined that there is sufficient evidence that a risk exists.

(2) "Risk" is solely determined by the director or an authorized representative and includes circumstances where a principal of an employing entity, who continues to employ workers subject to ORS Chapter 657:

(a) is currently delinquent in filing Unemployment Insurance reports or payment of Unemployment Insurance tax; or

(b) was previously delinquent in filing Unemployment Insurance reports or payment of Unemployment Insurance tax.

Or. Admin. R. 471-031-0210

ED 20-2008, f. 11-24-08, cert. ef. 12-1-08

Stat. Auth. ORS 657.610

Stas. Implemented: ORS 657.610