Oregon Code § 323.190·Enacted ·Last updated March 01, 2026
Statute Text
Suspension of credit.
The Department of Revenue may suspend without prior notice a distributors
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]
Plain English Explanation
This Oregon statute addresses Suspension of credit. AI-powered analysis coming soon.
Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 323.190
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Suspension of credit. Read the full statute text above for details.
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