{"data":{"id":"us-or/ors-454.710","jurisdiction":"us-or","citation":"ORS 454.710","heading":"Deposit in lieu of bond.","body":"In lieu of the surety bond required by ORS 454.705, an applicant for a license required by ORS 454.695 may deposit, under the same terms and conditions as when a bond is filed, the equivalent value in cash or negotiable securities of a character approved by the State Treasurer. The deposit is to be made in a bank or trust company for the benefit of the Department of Environmental Quality. Interest on deposited funds or securities shall accrue to the depositor.","path":["12 - Public Health","36. Public Health and Safety","Chapter 454 — Sewage Treatment and Disposal Systems"],"source_url":"https://www.oregonlegislature.gov/bills_laws/ors/ors454.html","current_through":"2025 Edition","vintage":"","retrieved_at":"2026-09-03T23:50:14Z","sha256":"72d7d7b09da2510248ebcfa6bd577067d09a3a97385098576e830c7354794c92","source_id":"us-or","stale":false,"prev":"us-or/ors-454.705","next":"us-or/ors-454.715"},"notice":"GroundRules: Original legal text. Not legal advice."}