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Oklahoma · Snapshot open-us-law v2026.08, retrieved 2026-09-14

Okla. Stat. tit. 40, § 40-3-406: Bond in lieu of cash deposit

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Where this section sits in the code
  1. OK Code
  2. Title 40

BOND IN LIEU OF CASH DEPOSIT. In lieu of the cash payment

provided for in Section 3-405 of this title, the employer may file

with the Commission a surety bond issued by an insurance company

that is licensed by the Oklahoma Insurance Department to issue

surety bonds in this state. The surety bond must be issued in an

amount that is double the amount of the contribution, penalties,

interest and fees assessed or owing, and include the conditions that

the employer will faithfully and diligently prosecute the appeal to

a final determination, and, in the event the order, judgment, ruling

or finding of the Commission or its duly authorized representative

be affirmed on appeal, will pay the contributions, interest,

penalty, costs and fees assessed against, or owing by, the employer.

Collected 2026-09-14T18:32:36Z. Source file · JSON

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