§ 8-1-6-8 — Delinquent fees; penalty

Each installment or required payment of the fee
imposed by section 4 of this chapter becomes delinquent at midnight
of the last day for payment thereof as provided in section 7 of this
chapter. If a public utility has failed to pay, or has underpaid, the
proper amount of any quarterly installment or payment, it shall pay a
penalty to the commission of one percent (1%) of the amount so due on
any quarterly installment or payment for each month or fraction thereof
that such amount is unpaid. The commission may enforce the collection
of any delinquent installment or payment, or portion thereof by legal
action or in any other manner by which the collection of debts due the
state of Indiana may be enforced under the laws of this state.
Formerly: Acts 1969, c.360, s.8. As amended by P.L.59-1984,
SEC.56.