Security for association receiving payments under ORS 462.057 or 462.062; fee charged by association receiving payments under ORS 462.140.

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(2) Notwithstanding any other provision of this chapter, any horsemen’s association that receives payments pursuant to ORS 462.140, prior to issuing breeder awards or stallion awards, may assess the recipient a fee for the receipt, handling and payment of those funds. The fee shall not exceed the current annual dues of the association or five percent of the award, whichever amount is less. [1979 c.698 §10; 1989 c.358 §5; 1991 c.331 §67; 1997 c.631 §478]


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