Rhode Island Statutes
§ 45-57-8 — § 45-57-8. Unpaid assessments.
§ 45-57-8. Unpaid assessments.
A reasonable interest charge, approved by the board of directors, may be added to assessments that remain unpaid after one year from the notification of the assessment, and may accumulate annually thereafter on the unpaid balance.
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Rhode Island § 45-57-8 (§ 45-57-8. Unpaid assessments.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
P.L. 1999, ch. 79, § 2.
Nearby Sections
15
§ 45-10-5
§ 45-10-5. Filing of audit report.§ 45-10-5.1
§ 45-10-5.1. Uniform accounting procedures.§ 45-10-5.2
§ 45-10-5.2. Failure to file audit report.