Or. Admin. R. 647-010-0020 - 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."

Notes

Or. Admin. R. 647-010-0020
PVC 2-1985 f. 7-17-85, ef. 7-22-85; OPVC 1-2004, f. 1-15-04 cert. ef. 1-16-04

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

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

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