Civil penalties.

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(2) An Oregon commercial bank that violates ORS 708A.420 shall forfeit a civil penalty in an amount the director determines that is not more than $10,000. In addition, the director may revoke the Oregon commercial bank’s charter.

(3) All money forfeited under subsections (1) and (2) of this section shall be paid to the State Treasurer for deposit in the Consumer and Business Services Fund.

(4) The director may recover a civil penalty as provided in ORS 706.980. [1997 c.631 §201; 2015 c.244 §74]


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