77-207. Delinquent taxes; interest.
86 words·~1 min read·
/ne/chapter-77/77-207A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
All delinquent taxes shall draw interest at a rate equal to the maximum rate of interest allowed per annum under section 45-104.01 , as such rate may from time to time be adjusted by the Legislature, from the date they become delinquent, and the interest shall be collected the same as the tax upon which the interest accrues.
Penalty of interest is that which the Legislature has fixed as an inducement to pay taxes. In re Estate of Rogers, 147 Neb. 1, 22 N.W.2d 297 (1946).