Oregon Statutes 725A.990 – Penalties
(1) The Director of the Department of Consumer and Business Services may assess a civil penalty of not more than $2,500 against a person who violates a provision of ORS § 725A.010 to 725A.092 and 725A.990 or a rule the director adopted or final order the director issued under ORS § 725A.010 to 725A.092 and 725A.990. The director, in addition to imposing a penalty under this subsection for the violation, may revoke the licensee’s license.
Terms Used In Oregon Statutes 725A.990
- Person: includes individuals, corporations, associations, firms, partnerships, limited liability companies and joint stock companies. See Oregon Statutes 174.100
(2) A civil penalty under this section must be imposed as provided in ORS § 183.745.
(3) Except as provided in subsection (4) of this section, moneys collected under this section must be paid to the State Treasurer and credited as provided in ORS § 705.145.
(4) In addition to any other penalty provided by law, the director may assess against a person who makes a payday loan or title loan in violation of ORS § 725A.020 a civil penalty in an amount equal to the interest the person receives that exceeds nine percent per annum. The director shall pay all moneys collected under this subsection to the Department of State Lands for the benefit of the Common School Fund. [2010 c.23 § 28]