N.J. Stat. § 46:30B-103

Current through L. 2024, c. 87.
Section 46:30B-103 - Interest payable for failure to pay or deliver property in time

A person who fails to pay or deliver property within the time prescribed by this chapter shall pay to the administrator interest at the annual rate of 10% above the annual rate of discount, in effect on the date the property should have been paid or delivered, for the most recent issue of 52-week United States Treasury bills on the property or value thereof from the date the property should have been paid or delivered.

N.J.S. § 46:30B-103

L.1988, c.58, s.1.