43 U.S.C. § 494 — Pecuniary penalty for nonpayment of operation charge

submitted 112 years ago by ch. 247 to r/title-43-PUBLIC-LANDS · 69 words · no verdicts yet

in plain englishAI-generated · not legal advice

If an operation or maintenance charge remains unpaid on the first day of the third calendar month after it was due, a 1-percent penalty is added. Each following month, another one-half of 1 percent is added while the charge and penalties remain unpaid.

If an operation or maintenance charge is unpaid on the first day of the third calendar month after it became due, a penalty equal to 1 percent of the unpaid amount is added. If the charge and penalties remain unpaid, an additional penalty equal to one-half of 1 percent of the unpaid amount is added on the first day of each later calendar month.

the actual law source: uscode.house.gov ↗public domain

If any operation or maintenance charge is unpaid on the 1st day of the third calendar month after it became due a penalty of 1 per centum of the amount unpaid shall be added thereto, and thereafter an additional penalty of one-half of 1 per centum of the amount unpaid shall be added on the 1st day of each calendar month if such charge and penalties shall remain unpaid.

Source credit: (Aug. 13, 1914, ch. 247, § 6, 38 Stat. 688; Dec. 5, 1924, ch. 4, § 4, subsec. H, 43 Stat. 703.)

history & why it existsrecord from the source credit

1914Enacted · Act of Aug. 13, 1914, ch. 247 · 38 Stat. 688
1924Amended · Act of Dec. 5, 1924, ch. 4 · 43 Stat. 703

A history note hasn’t been published yet. The record shows enactment by ch. 247 on 1914-08-13.

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