Quarterly escrow deposits or equity assessment payments; rules. (1) To promote compliance with the provisions of ORS 180.410, 180.415, 180.420, 180.430, 180.435 and 180.440, the Attorney General may adopt rules requiring a nonparticipating manufacturer to make the escrow deposits or equity assessment payments required by ORS 323.804 or 323.806 in quarterly installments during the year in which the sales covered by the deposits are made. The Attorney General may require a nonparticipating manufacturer to produce information sufficient to enable the Attorney General to determine the adequacy of the amount of the installment deposit or payment

(2) If the Attorney General adopts rules requiring a nonparticipating manufacturer to make escrow deposits or payments in quarterly installments, the rules may also provide that a nonparticipating manufacturer that has been in continuous compliance for one year with ORS 180.410, 180.415, 180.420, 180.430, 180.435, 180.440, 323.804 and 323.806 may make escrow deposits or payments required by ORS 323.804 or 323.806 in annual payments during the second and subsequent years in which deposits are required. [2003 c.801 §9; 2023 c.401 §13]

Note: See note under 180.400.