Okla. Stat. tit. 68, § 68-2385.23: Employer's surety bond

A. The Oklahoma Tax Commission may require every employer who

is delinquent or becomes delinquent in the withholding and remitting

of taxes as required by the provisions of Sections 2385.1 through

2385.22 of Title 68 of the Oklahoma Statutes to furnish to the Tax

Commission a bond from a surety company chartered or authorized to

do business in this state, cash bond, certificates of deposits,

certificates of savings or U.S. Treasury bonds, or an assignment of

negotiable stocks or bonds, as the Tax Commission may deem necessary

to secure the withholding and remitting of taxes levied pursuant to

the Oklahoma Income Tax Act.

B. Any surety bond furnished pursuant to this section shall be

a continuing instrument and shall constitute a new and separate

obligation in the sum stated therein for each calendar year or a

portion thereof while such bond is in force. Such bond shall remain

in effect until the surety or sureties are released and discharged

by the Tax Commission.

C. The Tax Commission shall fix the amount of such bond or

other security required in each case after considering the estimated

tax liability of such employer. Such bond shall not be greater than

an amount equal to three times the amount of the average quarterly

tax liability of such employer. Any bond or security shall be such

as will protect this state against failure of an employer to

withhold and remit the taxes levied pursuant to the Oklahoma Income

Tax Act.