(1) An institution that violates ORS 708A.560 (Real and personal property used in institution’s business) shall forfeit a civil penalty in an amount the Director of the Department of Consumer and Business Services determines that is not more than $50,000.
(2) An Oregon commercial bank that violates ORS 708A.420 (Notice to depositor upon change in terms, charges, withdrawal conditions or decrease in interest rate) shall forfeit a civil penalty in an amount the director determines that is not more than $10,000. In addition, the director may revoke the Oregon commercial bank’s charter.
(3) All money forfeited under subsections (1) and (2) of this section shall be paid to the State Treasurer for deposit in the Consumer and Business Services Fund.
(4) The director may recover a civil penalty as provided in ORS 706.980 (Civil penalties). [1997 c.631 §201; 2015 c.244 §74]
3 OregonLaws.org assembles these lists by analyzing references between Sections. Each listed item refers back to the current Section in its own text. The result reveals relationships in the code that may not have otherwise been apparent. Currency Information