Section 46A-7A-123 - Annual determination of percentage of assessment and interest called and collected--Filingresolution with counties.
46A-7A-123. Annual determination of percentage of assessment and interest called and collected--Filing resolution with counties. On or before the first day in May of each year, the board shall determine by resolution the percentage of any assessment theretofore levied to be called and collected. Interest due on unpaid assessments may be called without calling any installment of the assessment. Any uncalled interest is cancelled each year. Certified copies of the resolution shall be filed by the secretary of the board with the auditor and treasurer of each affected county on or before the first day in May of each year.
Source: SL 1985, ch 360, § 123.