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Department of Consumer & Business Services Oregon Division of Financial Regulation 5 350 Winter St. NE, Salem, Oregon 973013883 Phone (503) 9477983STANDARDS FOR SURETY, FIDELITY, AND FINANCIAL GUARANTY
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Standards for surety fidelity are guidelines and requirements that must be met by individuals or entities providing fidelity bonds as a form of insurance against losses resulting from employee dishonesty or misconduct.
Employers or organizations who require their employees to be covered by a fidelity bond are required to file standards for surety fidelity.
Standards for surety fidelity can typically be filled out by completing a standard form provided by the surety company or insurance provider.
The purpose of standards for surety fidelity is to ensure that individuals or entities providing fidelity bonds meet certain criteria and obligations to protect against potential losses.
Information that must be reported on standards for surety fidelity may include details about the insured parties, coverage limits, premiums, and conditions of the bond.
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