17-06-09. Submission of assessments - Civil penalty.
66 words·~1 min read·
/nd/title-17/chapter-17-06-ethanol-council/17-06-09·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
1. Each producer shall forward to the council all assessments imposed by section
17-06-07 within thirty days after the conclusion of each calendar quarter.
2. If a producer fails to submit the assessments as required by this section, the council
may impose a penalty equal to ten percent of the amount due, plus interest at the rate
of twelve percent per annum from the due date.