30 Miss. Code. R. 603-1.5

Current through December 10, 2024
Rule 30-603-1.5 - Interest

The CMRS Board shall have the power to levy interest charges at the legal rate of interest established in Section 75-17-1, Mississippi Code Annotated of 1972, as amended, on any amount due and outstanding from any CMRS provider who fails to remit service charges in accordance with Section 19-5-335(1).

The Board shall levy interest charges at the legal rate of interest based on the date the money is received and not the post-marked date on any amount due and outstanding from any CMRS provider who remits payment thirty (30) days after the end of the calendar month.

30 Miss. Code. R. 603-1.5

Miss. Code Ann. § 19-5-333(2)(g), (h) and (i) (Rev. 2003 & Supp. 2010).