- (1) Penalty for delaying transmittal of assessment moneys "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.
- (2) A commission may waive the penalty and interest described in subsection (1) of this section upon showing of good cause."
Statutory/Other Authority
2003 OL Ch. 604 & ORS 576
Statutes/Other Implemented
2003 OL Ch. 604 & ORS 576
History
OMC 1-2003, f. 12-10-03, cert. ef. 1-15-04
OMC 1-1984, f. & ef. 6-18-84