ORS § 706.650

Current through 2024 Regular Session legislation effective June 6, 2024
Section 706.650 - Delay or failure to furnish reports of condition; penalty

If an Oregon operating institution delays or fails to furnish reports in the manner required under ORS 706.630, the Oregon operating institution is subject to a penalty of $250 a day for each day while in default. The Oregon operating institution shall pay the penalty after receiving notice or demand for the amount of the penalty from the Director of the Department of Consumer and Business Services. If the Oregon operating institution does not pay the penalty upon demand by the director, the director shall proceed to collect the penalty in the manner prescribed by ORS 706.570(3). If the director determines that the default was unavoidable, the director may waive the penalty.

ORS 706.650

Amended by 2015 Ch. 244,§ 11, eff. 6/4/2015, op. 1/1/2016.
Amended by 1973 c.797 §36; 1997 c.631 §14