New Jersey Statutes

§ 46:30B-103 — Interest payable for failure to pay or deliver property in time

New Jersey·Title 46 PROPERTY
46:30B-103. Interest payable for failure to pay or deliver property in time. A person who fails to pay or deliver property within the time prescribed by this chapter shall pay to the administrator interest at the annual rate of 10% above the annual rate of discount, in effect on the date the property should have been paid or delivered, for the most recent issue of 52-week United States Treasury bills on the property or value thereof from the date the property should have been paid or delivered. Source: New. L.1989, c.58, s.1.

Free access — add to your briefcase to read the full text and ask questions with AI

New Jersey § 46:30B-103 (Interest payable for failure to pay or deliver property in time) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Nearby Sections

15
View on official source ↗