OAR 658-010-0040: Penalties
Edition: Current OARD snapshotEffective: 2007-07-17Last verified: 2026-09-07
(1) In addition to the penalties prescribed in ORS 576.991, any person who delays transmittal of funds beyond the time set by a commodity 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. A commission may waive the penalty and interest upon showing of good cause. (2) If any person responsible for the transmittal of assessment moneys to a commodity commission fails to relinquish assessment moneys collected, the person shall pay a penalty equal to twice the amount of the unrelinquished assessment moneys.
Official history and status
Statutory/Other Authority: ORS 576
Statutes/Other Implemented: ORS 576.355 and ORS576.365
History: OPC 2-2007, f. & cert. ef. 7-17-07
This rule cites
- ORS 576.991 — resolved
Cited by
No inbound citations found.
Official source: https://secure.sos.state.or.us/oard/