§ 4-402. Interest
West's Annotated Code of MarylandTax-Property
MD Code, Tax - Property, § 4-402
§ 4-402. Interest
If a collector fails to remit taxes or the interest, penalty, and service charges on the taxes, to the State or the county as provided under this title, the collector shall be charged interest at the rate of 6% a year on all taxes, interest, penalties, and service charges not paid to the State or county from the time they are due.
Credits
Added by Acts 1985, c. 8, § 2, eff. Feb. 1, 1986. Amended by Acts 1986, c. 171; Acts 1996, c. 97, § 1, eff. April 30, 1996; Acts 1997, c. 14, § 1, eff. April 8, 1997.
Formerly Art. 81, § 62.
MD Code, Tax - Property, § 4-402, MD TAX PROPERTY § 4-402
Current through legislation effective through April 25, 2024, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
| End of Document |