Or. Admin. Code § 670-010-0020

Current through Register Vol. 64, No. 1, January 1, 2025

Section 670-010-0020 - Penalties

Penalty for delaying transmittal of assessment moneys ORS 576.355"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. A commission may waive the penalty and interest described in subsection (1) of this section upon showing of good cause."

Or. Admin. Code § 670-010-0020

OBC 1-1986, f. 5-28-86, ef. 6-1-86; OBC 1-2004, f. 1-12-04, cert. ef. 1-15-04

Stat. Auth.: 2003 OL Ch. 604, ORS 576

Stats. Implemented: 2003 OL Ch. 604, ORS 576