Before a license will be issued the applicant shall submit a five thousand dollar
($5,000.00) bond on forms provided by the licensing official. All bonds shall be conditioned
that the principal named will observe all laws in relation to dealers in precious
metals, and will conduct business in conformity thereto, and that the principal will
account for and deliver to any person legally entitled any goods which may have come
into the principal's hand through the principal's business as a dealer in precious
metal items, or in lieu thereof, will pay the reasonable value in money to the person.
(81-Or-005, § 1, 1-16-81; 2013-Or-205, § 2, 12-6-13)
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