State Codes and Statutes

Statutes > New-jersey > Title-54 > Section-54-5 > 54-5-71

54:5-71. Interest computed
The resolution may provide that in making calculation of interest, it may be compounded annually, and that fractions of a month may be disregarded by the collector in giving credit in the computation of interest for payments made at irregular dates.

State Codes and Statutes

Statutes > New-jersey > Title-54 > Section-54-5 > 54-5-71

54:5-71. Interest computed
The resolution may provide that in making calculation of interest, it may be compounded annually, and that fractions of a month may be disregarded by the collector in giving credit in the computation of interest for payments made at irregular dates.