GroundRules
← Search the law
Oregon · Through 2025 Edition

ORS 576.355: Penalty for delaying transmittal of funds.

Read at publisher ↗
Where this section sits in the code
  1. 15 - Water Resources, Agriculture and Food
  2. 47. Agricultural Marketing and Warehousing
  3. Chapter 576 — Agricultural Marketing Generally

(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.

      (2) A commission may waive the penalty and interest described in subsection (1) of this section upon a showing of good cause.

      (3) Notwithstanding subsection (1) of this section, if an assessment is collected pursuant to a federal marketing order or agreement, a commission may establish a penalty or interest rate that is consistent with that order or agreement.

Collected 2026-09-03T23:50:16Z. Source file · JSON

Browse this collection