OAR 658-010-0040
Penalties

(1)

In addition to the penalties prescribed in ORS 576.991 (Penalties), 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.

Source: Rule 658-010-0040 — Penalties, https://secure.­sos.­state.­or.­us/oard/view.­action?ruleNumber=658-010-0040.

Last Updated

Jun. 8, 2021

Rule 658-010-0040’s source at or​.us