§ 2-207. Penalties and interest for nonpayment of accounts due other than taxes.

Any person failing to pay any accounts or bills due the town on or before its due date, other than taxes, shall incur a penalty thereon of ten percent or $10.00, whichever is lesser, which shall be added to the amount of the account or bill due from such person. No penalties shall be imposed for failure to pay any account or bill if such failure was not in any way the fault of the debtor. Interest at the rate of ten percent annually from the first day following the day such account or bill is due shall be collected upon the principal and penalty of all such accounts and bills.

(Code 1992, § 7-1)

State Law reference— Authority for above section, Code of Virginia, § 15.2-105.

(Code 1992, § 7-1)

State law reference

Authority for above section, Code of Virginia, § 15.2-105.