Alabama Statutes
§ 25-4-132 — Assessment of Interest on Delinquent Contribution Payments
Alabama·Title 25 Industrial Relations and Labor·Ch. 4 Unemployment Compensation·Art. 7 General Provisions
Contributions unpaid on the date when they are due and payable, as provided in this chapter, or as may be provided by rules or regulations in this chapter, shall bear interest at the rate of one percent per month from and after such date until payment is received by the secretary.
Free access — add to your briefcase to read the full text and ask questions with AI
Alabama § 25-4-132 (Assessment of Interest on Delinquent Contribution Payments) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
(Acts 1939, No. 497, p. 721; Code 1940, T. 26, §238.)