N.Y. Comp. Codes R. & Regs. tit. 21 § 1002.6

Current through Register Vol. 46, No. 25, June 18, 2024

Section 1002.6 - Interest eligibility

(a) Effective through June 30, 1989, interest shall be calculated and paid at the daily rate pursuant to section 1002.7 of this Part on all interest-eligible payments, as determined in accordance with section 1002.3 of this Part, when the payment date is more than 45 calendar days after the ROI date.

(b) Effective July 1, 1989, interest shall be calculated and paid at the daily rate pursuant to section 1002.7 of this Part on all interest-eligible payments, as determined in accordance with section 1002.3 of this Part, when the payment date is more than 30 calendar days, excluding legal holidays, after the ROI date.

N.Y. Comp. Codes R. & Regs. Tit. 21 § 1002.6