OAR 611-010-0020: Penalties

Edition: Current OARD snapshotEffective: 2005-01-13Last verified: 2026-09-07

Penalty for delaying transmittal of assessment moneys (ORS 576.355): "In addition to the penalties prescribed in ORS 576.991, any first purchaser or other person who delays transmittal of funds beyond the time set by the Commission shall pay ten percent of the amount due for the first month of delay and one and one-half percent of the amount due for each month of delay thereafter."

Official history and status

Statutory/Other Authority: ORS 576

Statutes/Other Implemented: ORS 576.325 & 576.355

History: ORBC 1-2005, f. & cert. ef. 1-13-05 OCC 2-1981, f. 7-22-81, ef. 7-23-81

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Official source: https://secure.sos.state.or.us/oard/