| PREVIOUS SECTION | Go back to sections | Go back to the chapter | Go back to the N.J. Statutes homepage | NEXT SECTION |
NOTE: This section was repealed by L.2017, CH.324, effective 2018-01-16.
New Jersey Statutes, Title: 32, INTERSTATE AND PORT AUTHORITIES AND COMMISSIONS
Chapter 23: Compact
Section: 32:23-195: Wilful failure to pay assessment or fee; interest and penalties
When any person shall wilfully fail to pay any assessment or fee due hereunder he shall be assessed interest at a rate of 1\% per month on the amount due and unpaid and penalties of 5\% of the amount due for each 30 days or part thereof that the assessment remains unpaid. The commission may, for good cause shown, abate all or part of such penalty.
L.1970, c. 58, s. 4.
This section added to the Rutgers Database: 2012-09-26 13:37:50.
Older versions of 32:23-195 (if available):
Court decisions that cite this statute:
CLICK HERE.