Or. Rev. Stat. § 723.106
Reports; late filing penalty; rules
Oregon · Oregon Revised Statutes Chapter 723 — Credit Unions · Status: effective
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- Or. Rev. Stat. § 723.106, Reports; late filing penalty; rules, Oregon, version 1 as recorded 2026-10-04, yourstate.us, https://yourstate.us/provision/2530717
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Full text
(1) Credit unions shall report to the Director of the Department of Consumer and Business Services annually by a date established by the director on forms supplied and in the manner specified by the director for that purpose. Additional reports may be required.
(2) A civil penalty in an amount to be established by rule of the director, but not to exceed $1,000 for each day a report is in arrears shall be levied against the offending credit union unless it is excused for cause by the director.