State Codes and Statutes

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.