The amount of surety required for each state officer or employee pursuant to Sections 85.26 through 85.31 of this title is as follows: DEPARTMENT AMOUNT OF BOND Office of the State Treasurer $300,000.00 Oklahoma Employment Security Commission $150,000.00 Central Services Division of the Office of Management and Enterprise Services 100,000.00 Insurance Commission 100,000.00 Office of the State Auditor and Inspector 50,000.00 Finance Division of the Office of Management and Enterprise Services 50,000.00 Bank Commissioner 50,000.00 Commissioners of the Land Office 50,000.00 Oklahoma Securities Commission 50,000.00 Oklahoma Tax Commission 50,000.00 Department of Human Services 50,000.00 Oklahoma Public Employees Retirement System 50,000.00 Corporation Commission 50,000.00 State Board of Education 50,000.00 Finance Division 150,000.00 All Others 25,000.00 Department of Transportation 25,000.00 Boards of Regents of Oklahoma Universities and Colleges 50,000.00 Office of Attorney General 10,000.00 The University Hospitals 50,000.00 All Other State Departments, Agencies, Institutions, Commissions, Authorities, and other bodies of state government 10,000.00 Provided, however, that nothing in The Oklahoma Central Purchasing Act shall prohibit any head of a department, institution, agency, commission, authority or other body of state government from requiring the Central Purchasing Division to purchase increased amounts of blanket bond coverage for his or her employees up to a total maximum coverage of Fifty Thousand Dollars ($50,000.00) when the listed amount is deemed inadequate. The cost of increased coverage shall be borne by the department, institution, agency, commission, authority or other body of state government requesting the increased coverage. Added by Laws 1974, c. 131, § 4, operative July 1, 1974. Amended by Laws 1979, c. 30, § 163, emerg. eff. April 6, 1979; Laws 1980, c. 159, § 35, emerg. eff. April 2, 1980; Laws 1983, c. 304, § 113, eff. July 1, 1983; Laws 1989, c. 353, § 8, emerg. eff. June 3, 1989; Laws 1994, c. 283, § 6, eff. Sept. 1, 1994; Laws 2002, c. 50, § 5, eff. Nov. 1, 2002; Laws 2007, c. 354, § 17, eff. Nov. 1, 2007; Laws 2012, c. 304, § 750; Laws 2013, c. 254, § 31, eff. Jan. 1, 2015. Renumbered from § 85.29 of this title by Laws 2020, c. 98, § 29, eff. Nov. 1, 2020.
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