Earlier editions: 2026-09

Clayton Municipal Code Ch. 1.25 Interest on Outstanding Obligations

Clayton Municipal Code · 2026-10 edition · updated 2026-10-04 · Clayton

Cite as: Clayton Municipal Code Chapter 1.25 · Text as of 2026-10-04

1.25.010 - Interest on Obligation.¶

With regard to any liquidated obligation to the City, interest at the highest permissible rate under the law shall accrue on the obligation commencing thirty (30) days after it is first billed to the obligor.

(Ord. 413, 2008)

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Clayton Municipal Code

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