Section 404 - Late payment fee.
§ 8A-404. Late payment fee.
A park owner may charge a late payment fee if:
(1) The rental agreement provides for the fee;
(2) The fee does not exceed 5 percent of the rent due or $5, whichever is higher; and
(3) The rent is not paid within 5 days after the due date specified in the rental agreement.
[1976, ch. 479; 1980, ch. 843, § 3.]