New Jersey § 30:6D-48 Failure to pay assessment; penalty.

New Jersey Statutes

§ 30:6D-48 — Failure to pay assessment; penalty.

New Jersey § 30:6D-48

Title 30INSTITUTIONS AND AGENCIES

This text of New Jersey § 30:6D-48 (Failure to pay assessment; penalty.) is published on Counsel Stack Legal Research, covering New Jersey primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.J. Stat. Ann. § 30:6D-48 (2026).

Text

6.An ICF-MR that fails to pay the assessment imposed under this act when due, shall be liable to a penalty of 10% on the amount of the underpayment of the assessment. In addition, the ICF-MR shall pay interest at the rate of 6% per month on the amount of the underpayment of the assessment and the interest shall continue to accrue on the unpaid balance of principal assessment due until the date of the actual payment. L.1998,c.40,s.6.

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6. An ICF-MR that fails to pay the assessment imposed under this act when due, shall be liable to a penalty of 10% on the amount of the underpayment of the assessment. In addition, the ICF-MR shall pay interest at the rate of 6% per month on the amount of the underpayment of the assessment and the interest shall continue to accrue on the unpaid balance of principal assessment due until the date of the actual payment. L.1998,c.40,s.6.