Brief Summary
In Oregon even calling your business a locksmith requires a CCB license backed by a certified locksmith. The Residential Locksmith Services Contractor endorsement is that license, and this $15,000 bond is filed with the application to the Construction Contractors Board. You pay the surety a premium and keep your working capital.
ORS 701.081(5) requires an Oregon Residential Locksmith Services Contractor to file a $15,000 surety bond with the Construction Contractors Board, carry at least $100,000 in general liability insurance, and have a responsible managing individual certified as a locksmith under ORS 701.485. The endorsement covers locksmith services for residential or small commercial structures and nothing else.
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Detailed Information About the Oregon Residential Locksmith Services Contractor ($15,000) Bond:
The name alone triggers the law
ORS 701.480(3) and (4) say a person may not use the title locksmith, locksmith professional, commercial locksmith, lock installer or any similar title, or any sign, card or device suggesting locksmith services, unless the person is a certified locksmith or a CCB licensed business with a certified owner or employee. A van with a lock logo and a phone number is enough to need the license.
Who needs it
ORS 701.475 defines a locksmith as a person who services, installs, repairs, rebuilds, rekeys, repins or adjusts locks, hardware peripheral to locks, safes, vaults, safe deposit boxes or mechanical or electronic security systems. Under ORS 701.480 the individual must be certified by the CCB and work for a licensed business, and the business must be licensed and have a certified owner or employee. OAR 812-003-0131(5) lets the endorsement holder provide locksmith services for residential or small commercial structures and bars any other contractor activities.
Exemptions in ORS 701.490
The certification and conduct rules do not apply to several groups, including a person offering key duplication at a fixed location or alongside other business who does not offer other locksmith services, property owners and their regular employees working on their own property, landlords and their agents, and lock manufacturers. A licensed construction contractor working within its own license is also exempt, provided it does not hold itself out as a locksmith.
How the bond works
The amount is a flat $15,000. ORS 701.068 requires a corporate surety authorized in Oregon, and the bond pays amounts the board determines on complaints under ORS 701.145. It runs at least one year or until depleted and may be continued by certificate without raising the limit. The board can require up to five times the normal amount for reinstatement after a suspension or under conditions set by rule.
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