Current through Register Vol. 61, No. 4, April 1, 2022
purchase tax stamps on a deferred payment basis a distributor must file an
application with the Department of Revenue on a form prescribed by the
(2) A security bond
must accompany the application and is to be deposited with the department as
provided in ORS 323.110, or the application must
be accompanied by cash or securities to be deposited with the State Treasurer
as provided as provided in ORS
323.120. The amount of the bond,
cash or security deposited will be the fixed amount of deferred payment
purchases the distributor may make in any one calendar month.
(3) If a distributor's license is revoked by
the department, or is withdrawn by the licensee, the department will direct the
State Treasurer to return any security that may be held by the State Treasurer
under ORS 323.120, to the former licensee
after the department has determined that all liabilities owed by the
distributor to the department have been paid in full.
Admin. R. 150-323-0140
RD 8-1984, f. 12-5-84, cert. ef. 12-31-84; REV 6-1999, f. 12-1-99, cert. ef.
12-31-99; REV 6-2004, f. 7-30-04, cert. ef. 7-31-04; Renumbered from
72-2016, f. 8-15-16, cert. ef.
Stat. Auth.: ORS
Stats. Implemented: ORS