If you are engaged in selling crypts or niches where such crypts or niches are not in existence at the time of sale in Oregon, you are required under section 97.929(1)(b)(B) of the Oregon Revised Statutes to file an Oregon Crypts or Niches Bond as a condition of licensure.
A surety bond protects the party requesting the bond, the Obligee, against any financial losses as a result of poor financial decisions, damages, unethical decisions, or a failure to follow state and local laws on the part of you, the Principal. The Oregon Crypts or Niches Bond holds you accountable for your business decisions.
By possessing an Oregon Crypts or Niches Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.