OAR 642-010-0020: Penalties
Edition: Current OARD snapshotEffective: 2004-01-15Last verified: 2026-09-07
(1) Penalty for delaying transmittal of assessment moneys "In addition to the penalties prescribed in ORS 576.991, any person who delays transmittal of funds beyond the time set by a Commission shall pay a penalty of 10 percent of the amount due and shall also pay one and one-half percent interest per month on the unpaid balance of the assessment. (2) A commission may waive the penalty and interest described in subsection (1) of this section upon showing of good cause."
Official history and status
Statutory/Other Authority: 2003 OL Ch. 604 & ORS 576
Statutes/Other Implemented: 2003 OL Ch. 604 & ORS 576
History: OMC 1-2003, f. 12-10-03, cert. ef. 1-15-04 OMC 1-1984, f. & ef. 6-18-84
This rule cites
- ORS 576.991 — resolved
Cited by
No inbound citations found.
Official source: https://secure.sos.state.or.us/oard/