[HISTORY: Adopted by the Town Meeting of the Town of Hull as indicated in article histories. Amendments noted where applicable.]
[Adopted 5-2-2011 ATM by Art. 17]
Any municipal charges and/or bills not paid within 30 days of issue shall be subject to an interest charge as of the due date at the rate of 14% per annum, until paid. The interest rate shall automatically change to be consistent with the maximum rate permitted by G.L. c. 59, section 57, or any successor section.
This bylaw shall be applicable only if no other interest charge is applicable to the municipal charge or bill. If there is another interest charge so applicable, the greater interest rate shall govern to the extent permitted by law.
Nothing contained herein shall operate as or be construed to be a limitation on any methods available to the Town to collect said charges or bills.