Oregon Statutes - Chapter 323 - Cigarettes and Tobacco Products - Section 323.190 - Suspension of credit.

The Department of Revenue may suspend without prior notice a distributorís privilege to purchase stamps on the deferred-payment basis or may reduce the amount of permissible monthly purchases fixed for the distributor, if the distributor fails to pay promptly for stamps when payment is due, if the bond or bonds of the distributor are canceled, become void, impaired, or unenforceable for any reason, or if in the opinion of the department, collection of any amounts unpaid or due from the distributor under ORS 323.005 to 323.482 are jeopardized. [1965 c.525 §51; 1999 c.62 §8]

Section:  Previous  323.155  323.160  323.165  323.170  323.175  323.180  323.185  323.190  323.195  323.205  323.210  323.211  323.215  323.220  323.225  Next

Last modified: August 7, 2008