Section 571.468 – Dispute regarding amount of assessment; rules.
(1) A producer may dispute the amount of an assessment levied against the producer on a unit basis under ORS 571.447 if the total assessment levied against the producer during an assessment period established by the Oregon Hemp Commission by rule exceeds the total dollar value received by the producer for the hemp during that […]
Section 571.471 – Financial activity of Oregon Hemp Commission.
(1)(a) Moneys a person collects or receives from the assessment levied pursuant to ORS 571.447, and other moneys the Oregon Hemp Commission receives, must be paid to the authorized agent of the commission and promptly deposited into an account established by the commission in a depository, as defined in ORS 295.001, that is insured by […]
Section 571.474 – Fidelity bond; conditions on bond; payment of cost of bond.
(1) A person authorized by the Oregon Hemp Commission to receive or disburse moneys under ORS 571.400 to 571.501 shall obtain a fidelity bond from the Oregon Department of Administrative Services. (2) The bond must be in an amount equal to the maximum amount of moneys that the commission determines the person may control. The […]
Section 571.477 – Cancellation of uncollectible assessment.
The Oregon Hemp Commission may cancel an uncollectible assessment consistent with ORS 293.240. Subsequent collection of debt written off under ORS 293.240 is governed by ORS 293.245. [2021 c.216 §28] Note: See note under 571.400.
Section 571.480 – Maintenance of books, records and accounts.
The Oregon Hemp Commission shall maintain accurate books, records and accounts of its dealings. The books, records and accounts of the commission must be open to inspection and audit by the Secretary of State. [2021 c.216 §29] Note: See note under 571.400.
Section 571.483 – Oregon Hemp Commission budget; meeting requirement; annual financial statement.
(1) The Oregon Hemp Commission shall adopt an annual budget, using classifications of expenditures and revenues required by ORS 291.206. The budget described in this subsection is not subject to review by the Legislative Assembly or to future modification by the Emergency Board or the Legislative Assembly. (2)(a) The commission shall follow generally accepted accounting […]
Section 571.486 – Requirement to comply with ORS 571.483 in order to make, incur expenditure.
An expenditure of moneys for a fiscal year may not be made or incurred by or under the authority of the Oregon Hemp Commission under ORS 571.400 to 571.501 unless the commission complies with ORS 571.483. [2021 c.216 §31] Note: See note under 571.400.
Section 571.489 – Limitation on amount, purpose of expenditure.
(1) Except as otherwise provided in subsection (2) of this section, an expenditure of moneys for a fiscal year may not be made or incurred by or under the authority of the Oregon Hemp Commission under ORS 571.400 to 571.501: (a) In excess of the total amount of expenditures estimated for the fiscal year in […]
Section 571.492 – Unforeseen expenditure; fund transfer.
(1) Subject to ORS 571.489 (2), expenditures of moneys for a fiscal year unforeseen at the time the Oregon Hemp Commission budget is prepared may be made or incurred by order of the commission. When an unforeseen expenditure of moneys occurs in a fiscal year, the commissioners must approve a motion for an order of […]
Section 571.495 – Distribution of moneys upon abolishment of Oregon Hemp Commission.
(1) Unless the Legislative Assembly orders a refund pursuant to subsection (2) of this section, if the Legislative Assembly abolishes the Oregon Hemp Commission, any moneys remaining in the possession of the abolished commission on the effective date of the abolishment are transferred to Oregon State University and are continuously appropriated to the university for […]