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Md. Code, Land Use § 18-503

Md. Code, Land Use § 18-503

Maryland · Maryland Code, Land Use · Status: effective

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Md. Code, Land Use § 18-503, Maryland, version 1 as recorded 2026-09-29, yourstate.us, https://yourstate.us/provision/1781813
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An amount due and payable under an authorized, written procurement contract and in accordance with law that remains unpaid for more than 45 days after the receipt date shall accrue interest: (1) for the period that begins 31 days after the receipt date; and (2) at the rate specified in § 11–107(a) of the Courts Article.