46 CFR 401.427 - Charge on past due accounts.

U.S. Code of Federal Regulations

Regulations most recently checked for updates: Jan 22, 2026

View all text of Subpart D [§ 401.400 - § 401.451]

§ 401.427 - Charge on past due accounts.

A charge of two percent (2%) per month must be paid on the opening monthly balance on accounts remaining unpaid over thirty (30) days after the billing date.

[CGD 79-138, 45 FR 13078, Feb. 28, 1980. Redesignated at 61 FR 32655, June 25, 1996, and further redesignated by USCG-1998-3976, 63 FR 35139, June 29, 1998; USCG-2022-0025, 89 FR 76352, Sept. 17, 2024]