21-376 - Interest from delinquency; penalty. - Virginia Statutes - USA Laws Searching

Statutes > Virginia Statutes > Title 21 - DRAINAGE, SOIL CONSERVATION, SANITATION AND PUBLIC FACILITIES DISTRICTS. > Chapter 6 - Drainage Projects (21-292 thru 21-426) > 21-376 - Interest from delinquency; penalty.

21-376 - Interest from delinquency; penalty.

§ 21-376. Interest from delinquency; penalty.

From the date of delinquency of any assessment it shall bear interest at thelegal rate, and a penalty of five per centum of the assessment shall be addedthereto.

(Code 1919, § 1771; 1924, p. 712; 1926, p. 620; 1936, p. 1035.)