Tim Knopp
- Republican
- Senator
- District 27
Primary
Prohibits merchant service company or financing agency from retaining funds that are property of merchant for more than 10 calendar days unless merchant service company or financing agency allows merchant access to funds, including ability to withdraw funds, or merchant service company or financing agency pays merchant statutory rate of interest on balance of funds retained. Punishes violation of Act as unlawful practice under Unlawful Trade Practices Act. Takes effect on 91st day following adjournment sine die.
No votes to display
In committee upon adjournment.
Referred to Finance and Revenue.
Introduction and first reading. Referred to President's desk.
| Bill Text Versions | Format |
|---|---|
| Introduced |
| Document | Format |
|---|---|
| No related documents. |
Data on Open States is updated periodically throughout the day from the official website of the Oregon Legislative Assembly.
If you notice any inconsistencies with these official sources, feel free to file an issue.