4141 Unemployment Compensation
4141-37-02 Definition of Bonding Amount
Effective Date: July 27, 2018
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.

Effective: 7/27/2018

Five Year Review (FYR) Dates: 5/10/2018 and 03/01/2022


Date: 07/17/2018

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