2006 Alabama Code - Section 25-4-132 — Assessment of interest on delinquent contribution payments.
Contributions unpaid on the date when they are due and payable, as provided in this chapter, or as may be provided by rules or regulations in this chapter, shall bear interest at the rate of one percent per month from and after such date until payment is received by the director.
(Acts 1939, No. 497, p. 721; Code 1940, T. 26, §238.)
Disclaimer: These codes may not be the most recent version. Alabama may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.