476.54 - DELAYED PAYMENT CHARGES.
476.54 DELAYED PAYMENT CHARGES. A public utility shall not apply delayed payment charges on a customer's account if the scheduled payment was made by the customer within twenty days from the date the billing was sent to the customer. Delayed payment charges on a customer's account shall not exceed one and one-half percent per month of the past-due amount.Section History: Recent Form
83 Acts, ch 127, § 37