30 Miss. Code. R. 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.

Notes

30 Miss. Code. R. 603-1.5

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