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This website publishes administrative rules on their effective dates, as designated by the adopting state agencies, colleges, and universities.

Rule 4141-37-02 | Definition of bonding amount.

 

The term "bonding amount" means the total amount of surety bond, approved municipal or other bonds, approved securities, or a combination thereof, or other forms of collateral security approved by the director, required by law and rule to be furnished by a reimbursing employer or group of reimbursing employers. "Approved securities" are those securities approved by the director. The form and execution of the surety bond must be approved by the director.

Last updated October 12, 2023 at 12:19 PM

Supplemental Information

Authorized By: 4141.13
Amplifies: 4141.241
Five Year Review Date: 12/22/2026
Prior Effective Dates: 1/1/1972, 7/3/1986, 5/29/1990, 6/3/1996, 1/15/2001