40:14B-41 - Interest on unpaid service charges - New Jersey Statutes

40:14B-41.  Interest on unpaid service charges
    In the event that a service charge of any municipal authority with regard to  any parcel of real property shall not be paid as and when due, interest shall  accrue and be due to the municipal authority on the unpaid balance at the rate  of 1  1/2  % per month until such service charge, and the interest thereon,  shall be fully paid to the municipal authority.

     L.1957, c. 183, p. 666, s. 41, eff. Aug. 22, 1957.  Amended by L.1981, c. 530, s. 2, eff. Jan. 12, 1982.