(1) Notwithstanding any law relating to the exemption of information from public disclosure under ORS § 475C.670 to 475C.734, or relating to the confidentiality of tax return information, upon the request of a financial institution, the Department of Revenue shall provide to the financial institution the following information:

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Terms Used In Oregon Statutes 475C.754

  • Person: includes individuals, corporations, associations, firms, partnerships, limited liability companies and joint stock companies. See Oregon Statutes 174.100

(a) Whether the person is currently compliant with the provisions of ORS § 475C.670 to 475C.734 and rules adopted under ORS § 475C.670 to 475C.734;

(b) Any past or pending violation by the person of a provision of ORS § 475C.670 to 475C.734 or a rule adopted under ORS § 475C.670 to 475C.734; and

(c) Any penalty imposed upon the person for violating a provision of ORS § 475C.670 to 475C.734 or a rule adopted under ORS § 475C.670 to 475C.734.

(2) Upon receiving a request under subsection (1) of this section, the department shall provide the requesting financial institution with the requested information.

(3) The department may charge a financial institution a reasonable fee to cover the administrative costs of providing information under this section. [Formerly 475B.775]