{"data":{"id":"us-or/ors-701.150","jurisdiction":"us-or","citation":"ORS 701.150","heading":"Determination of amount to be paid from bond.","body":"(1) If a licensed contractor fails to pay a complainant amounts due under a court judgment or under a final order of the Bureau of Labor and Industries, the Construction Contractors Board shall issue a determination stating the amount that a surety must pay the complainant. The surety shall pay the amount required under the determination as follows:\n      (a) If the complaint was filed under ORS 701.145, the surety shall pay the amount from a bond required for a residential contractor.\n      (b) If the complaint was filed under ORS 701.146, the surety shall pay the amount from a bond required for a commercial contractor.\n      (2) The surety may not pay on a complaint until the surety receives notice from the board that the complaint is ready for payment.\n      (3) Notwithstanding ORS 701.153 and 701.157, a bond is not subject to payment for a complaint that is filed more than 14 months after the earlier of:\n      (a) The expiration or cancellation date of the license that was in force when the work that is the subject of the complaint was completed or abandoned; or\n      (b) The date that the surety canceled the bond.","path":["17 - Occupations","52. Occupations and Professions","Chapter 701 — Construction Contractors and Contracts"],"source_url":"https://www.oregonlegislature.gov/bills_laws/ors/ors701.html","current_through":"2025 Edition","vintage":"","retrieved_at":"2026-09-03T23:50:17Z","sha256":"a7339ae6a390405455fd7c7e5a0b56a1e620c522a67ababe5646e1bf6fbebfc5","source_id":"us-or","stale":false,"prev":"us-or/ors-701.149","next":"us-or/ors-701.153"},"notice":"GroundRules: Original legal text. Not legal advice."}