- (1) In addition to the penalties prescribed in ORS 576.991, any person who delays transmittal of funds beyond the time set by a commission will pay a penalty of ten (10) percent of the amount due and will also pay one and one-half (1 1/2) percent interest per month on the unpaid balance of the assessment.
- (2) A commission may waive the penalty and interest described above upon showing of good cause.
Statutory/Other Authority
2003 OL Ch. 604 & ORS 576
Statutes/Other Implemented
2003 OL Ch. 604 & ORS 576
History
ODDC 1-2004, f. 1-2-04 cert. ef. 1-16-04