Md. Code Regs. 20.53.08.04 - Late Payment Charges

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A. A supplier shall only charge a late fee if it is specified in the customer's contract.

B. A supplier may not charge a late fee in excess of 5 percent.

Notes

Md. Code Regs. 20.53.08.04

Regulation .04 adopted effective 43:5 Md. R. 386, eff.3/14/2016; recodified from .03 effective 46:5 Md. R. 310, eff. 3/11/2019; amended and recodified to 20.53.10.04 effective 49:5 Md. R.367, eff. 3/7/2022

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