N.Y. Comp. Codes R. & Regs. tit. 9 § 5001.29

Current through Register Vol. 46, No. 50, December 11, 2024

Section 5001.29 - Penalty on delinquent accounts

The commission may impose a penalty of 1 1/2 percent monthly (18 percent per annum) on any monies due to the commission from sales agents whose accounts are delinquent over 30 days.

N.Y. Comp. Codes R. & Regs. Tit. 9 § 5001.29