Florida Regulations 61M-1.004: Late Fees
Current as of: 2024 | Check for updates
|
Other versions
(1) Pursuant to Section 723.06116(1)(a)-(d), F.S., late fees will be imposed according to the following schedule:
(b) 15% of total amount due for over 60 days past due;
(c) 20% of total amount due for over 90 days past due; and
(d) 25% of total amount due for 120 days or more past due.
(2) In determining the initial 30-day past due deadline and imposition of all subsequent late fees, 5 days for mailing will be added to the original invoice postmark date.
Specific Authority 723.0611(3) FS. Law Implemented 723.06116(1) FS. History-New 10-1-08.
(a) 10% of total amount due for over 30 days past due;
(b) 15% of total amount due for over 60 days past due;
(c) 20% of total amount due for over 90 days past due; and
(d) 25% of total amount due for 120 days or more past due.
(2) In determining the initial 30-day past due deadline and imposition of all subsequent late fees, 5 days for mailing will be added to the original invoice postmark date.
Specific Authority 723.0611(3) FS. Law Implemented 723.06116(1) FS. History-New 10-1-08.