Sections 46A-7A-86, 46A-7A-87 - Collection of assessments--Penalty and interest on delinquencies. Allocation of general fund benefit assessment--Lapse of authority to levy
46A-7A-86. Collection of assessments--Penalty and interest on delinquencies. Collection of general fund benefit assessments shall be made under the provisions of §§ 46A-7A-124 to 46A-7A-126, inclusive. Delinquent assessments levied under § 46A-7A-84 carry a penalty of ten percent plus interest at a rate of fifteen percent per annum.
Source: SL 1985, ch 361, § 86.