State Codes and Statutes

Statutes > New-jersey > Title-56 > Section-56-10 > 56-10-13-5

56:10-13.5. Interest on overdue payments
6. If a motor vehicle franchisor fails to make any payment required by this 1991 amendatory and supplementary act within the time specified for payment, interest shall be added to that payment at the rate of 12% per annum from the date payment was due.

L.1991,c.459,s.6.

State Codes and Statutes

Statutes > New-jersey > Title-56 > Section-56-10 > 56-10-13-5

56:10-13.5. Interest on overdue payments
6. If a motor vehicle franchisor fails to make any payment required by this 1991 amendatory and supplementary act within the time specified for payment, interest shall be added to that payment at the rate of 12% per annum from the date payment was due.

L.1991,c.459,s.6.