Or. Admin. Code § 658-010-0040 - Penalties
(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.
Notes
Stat. Auth.: ORS 576
Stats. Implemented: ORS 576.355 and ORS576.365
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