(1) The Director of the Department of Consumer and Business Services shall adopt by rule in a single rulemaking proceeding one or more schedules of fees to be collected by the director from banking institutions and out-of-state banking institutions under ORS 706.530, from savings associations under ORS 722.606, from credit unions under ORS 723.114 and from licensees under ORS 725.185. Any change in a schedule of fees shall be adopted by rule prior to April 15 of the year during which the fee will first be collected.
(2) The rule shall provide that the date for payment of the fees assessed under the schedule or schedules shall be the same for all institutions assessed.
(3) In setting or changing the schedule or schedules, the director shall take into consideration:
(a) The amount of all other funds available to the director collecting the fees under that schedule;
(b) The costs which the director collecting the fees under that schedule will incur in performing the duties of the director during the year in question; and
(c) The amount needed by the director collecting the fees under that schedule to establish and maintain a reasonable emergency fund. [1987 c.171 §2; 1993 c.264 §§3,3a; 1995 c.192 §1]
Section: Previous 705.330 705.340 705.350 705.500 705.510 705.600 705.610 705.620 705.630 705.635 705.638 705.640 705.642 705.700 705.705 NextLast modified: August 7, 2008