Each electrical contractor may furnish to the department a corporate surety bond to be approved by the department, an irrevocable letter of credit issued by an insured institution as defined in ORS 706.008 (Additional definitions for Bank Act) or a cash bond under procedures approved by the department, in the sum of $2,000 guaranteeing the payment of all fees provided for under ORS 479.510 (Short title) to 479.945 (Restricted energy contractor’s license). Before commencing any electrical job an electrical contractor who has a current bond or letter of credit under this subsection may apply to the department for a working permit which shall cost an amount established by the department by rule. The working permit shall authorize the electrical contractor to commence work. The total of all fees due for permits for each job, and the time such fees are payable, shall be determined by the department by administrative rule under ORS 479.730 (Adoption of rules by Director of Department of Consumer and Business Services). The contractor shall keep the bond or letter of credit in force at all times. Any cancellation or revocation of the bond or letter of credit shall revoke and suspend the license issued to the principal until such time as a new bond or letter of credit shall be filed and approved. The department may bring an action against the surety named in the bond or the letter of credit issuer with or without joining in such action the principal named in the bond or letter of credit. [1959 c.406 §27; 1967 c.418 §1; 1969 c.436 §1; 1975 c.199 §1; 1977 c.874 §3; 1981 c.815 §33; 1983 c.733 §4; 1985 c.646 §3; 1987 c.602 §3; 1989 c.591 §3; 1991 c.331 §71; 1995 c.715 §4; 1997 c.631 §482; 1999 c.1031 §3; 2001 c.728 §2; 2003 c.14 §331; 2007 c.271 §5; 2007 c.548 §3; 2017 c.364 §6]Note: Sections 5, 6 and 13, chapter 46, Oregon Laws 2018, provide:Sec. 5. Section 6 of this 2018 Act is added to and made a part of ORS 479.510 (Short title) to 479.945 (Restricted energy contractor’s license). [2018 c.46 §5]Sec. 6. (1) Notwithstanding ORS 479.840 (Fees), except as provided in subsection (2) of this section, an individual who obtains a construction contractor license under section 2 of this 2018 Act and otherwise qualifies for an electrical contractor license may obtain a new electrical contractor license without paying a fee for the license.
A license issued under this section does not authorize the licensee to offer electrical contractor services other than through a sole proprietorship owned by the licensee. [2018 c.46 §6]Sec. 13. (1) Sections 2, 4, 6, 7 and 8 of this 2018 Act are repealed January 2, 2022.
The repeal of sections 2, 4 and 6 of this 2018 Act by this section does not affect the validity of any construction contractor, plumbing contractor or electrical contractor license issued or renewed prior to January 2, 2022.
The repeal of section 7 of this 2018 Act by this section does not cancel or alter the terms of any loan made by the Oregon Business Development Department prior to January 2, 2022, or repeal any department rule pertaining to loans made by the department prior to January 2, 2022.
The repeal of section 8 of this 2018 Act by this section does not cancel or alter the terms of any financial support made available by the Higher Education Coordinating Commission prior to January 2, 2022, or repeal any commission rule pertaining to financial support made available by the commission prior to January 2, 2022. [2018 c.46 §13]