Or. Admin. Code § 624-010-0030

Current through Register Vol. 63, No. 10, October 1, 2024

Section 624-010-0030 - Penalties

(1) Penalty for delaying transmittal of assessment monies. In addition to the penalties prescribed in ORS 576.991, any first purchaser or other person who delays transmittal of funds beyond the time set by the Commission will pay 10 (ten) percent of the amount due and 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.

ASC 1-1990, f. & cert. ef. 7-11-90; OASC 1-2004, f. 1-15-04 cert. ef. 1-16-04

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

Stats. Implemented: ORS 576.305