360.295 - Extension of time for payment: Interest on amount due.
360.295 Â Extension of time for payment: Interest on amount due. Â Except as otherwise specifically provided in this title, if the Department grants an extension of the time for paying any amount required to be paid under this title, a person who pays the amount within the period for which the extension is granted shall pay, in addition to the amount owing, interest at the rate of 1 percent per month from the date the amount would have been due without the extension until the date of payment.
(Added to NRS by 1985, 948; A 1997, 2597)