Code of Federal Regulations · Section
§ 602.15 — Interest On Unpaid Fees
12 C.F.R. § 602.15
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If you fail to pay fees on time, FCA may charge you interest starting on the 31st calendar day following the date we bill you. We will charge you interest at the rate allowed by law (31 U.S.C. 3717) on the billing date.
Authorizing Statute
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Interest and penalty on claims31 U.S.C. § 3717
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Powers of Board12 U.S.C. § 2243
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Insurance Funds12 U.S.C. § 1821