§ 28-43-15 - Interest on delinquent payments. - Rhode Island Statutes

SECTION 28-43-15

   § 28-43-15  Interest on delinquentpayments. – Employers who fail to make payment of contributions as required by chapters 42– 44 of this title or by the regulations adopted as prescribed shall beliable to the employment security interest fund for interest on the outstandingbalance of those delinquent payments at the rate of one and one half percent(1.5%) per month from the date the payment became due until paid.