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Code · New Jersey · Title 54 — Debtor and Creditor · Chapter 5

54:5-71. Interest computed

41 words·~1 min read·/nj/title-54/chapter-5/54-5-71

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The resolution may provide that in making calculation of interest, it may be compounded annually, and that fractions of a month may be disregarded by the collector in giving credit in the computation of interest for payments made at irregular dates.
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