4141 Unemployment Compensation
4141-37-02 Definition of bonding amount.
Effective Date: July 27, 2018 (No Change)
Most Current Prior Effective Date: January 15, 2001

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.

Five Year Review (FYR) Dates: 12/22/2021 and 12/22/2026

Certification: CERTIFIED ELECTRONICALLY

Date: 12/22/2021

Promulgated Under: 119.03

Statutory Authority: 4141.13

Rule Amplifies: 4141.241

Prior Effective Dates: 01/01/1972, 07/03/1986, 05/29/1990, 06/03/1996, 01/15/2001, 07/27/2018