Late payment and interest charges for past due assessments.

CFR · 2024-01-01 · US · Title 7

(a) A late payment charge shall be imposed on any producer or importer (b) In addition to the late payment charge, 1.5 percent per month interest on the outstanding balance, including any late payment charge and accrued interest, will be added to any accounts for which payment has not been received by the Board within 30 calendar days after the date the assessments are due. Such interest will continue to accrue monthly until the outstanding balance is paid to the Board.

official document · source cfr-2024 · id 7:§ 1214.520