{"data":{"id":"us-or/ors-576.355","jurisdiction":"us-or","citation":"ORS 576.355","heading":"Penalty for delaying transmittal of funds.","body":"(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.\n      (2) A commission may waive the penalty and interest described in subsection (1) of this section upon a showing of good cause.\n      (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.","path":["15 - Water Resources, Agriculture and Food","47. Agricultural Marketing and Warehousing","Chapter 576 — Agricultural Marketing Generally"],"source_url":"https://www.oregonlegislature.gov/bills_laws/ors/ors576.html","current_through":"2025 Edition","vintage":"","retrieved_at":"2026-09-03T23:50:16Z","sha256":"4c2c257521e6c0e742241a676489fca1a149dfddc2a6d2c9105234a76754e46c","source_id":"us-or","stale":false,"prev":"us-or/ors-576.351","next":"us-or/ors-576.365"},"notice":"GroundRules: Original legal text. Not legal advice."}