Oregon Statutes - Chapter 709 - Regulation of Trust Business - Section 709.980 - Civil penalties.

(1) Any person who violates ORS 709.270 or 709.280 or any rule adopted under ORS 709.170 (3) shall forfeit a civil penalty in an amount determined by the director of not more than $2,500 for each offense.

(2) All money forfeited under this section shall be paid to the State Treasurer to be deposited in the Consumer and Business Services Fund.

(3) The civil penalty may be recovered as provided in ORS 706.980. [1975 c.544 §29c]

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Last modified: August 7, 2008