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January 21, 2025 Clear | 11°F
The 194th General Court of the Commonwealth of Massachusetts
  1. General Laws
  2. Part I ADMINISTRATION OF THE GOVERNMENT
  3. Title II EXECUTIVE AND ADMINISTRATIVE OFFICERS OF THE COMMONWEALTH
  4. Chapter 7A OFFICE OF THE COMPTROLLER
  5. Section 5A Late penalty interest payments; adoption of rules and regulations

Section 5A

Section 5A: Late penalty interest payments; adoption of rules and regulations

Section 5A. The comptroller shall adopt rules and regulations, providing for the payment by the commonwealth of penalty interest in accordance with the provisions of section twenty-nine B of chapter twenty-nine and the U.S. Cash Management Improvement Act of 1990, 31 U.S.C. 650, et seq.