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Unannotated Code of Maryland (Last Updated: May 16, 2014) |
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LAND USE |
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DIVISION II. MARYLAND-NATIONAL CAPITAL PARK AND PLANNING COMMISSION. |
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TITLE 18. FINANCES. |
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SUBTITLE 5. PAYMENT OF OBLIGATIONS. |
§ 18-504. Liability of Commission.
Latest version.
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The Commission is not liable for the payment of interest under this subtitle:
(1) if a proper invoice for accrued interest is not submitted within 30 days after the payment date of the amount on which the interest accrued;
(2) for more than 1 year and 31 days after the receipt date;
(3) on amounts representing unpaid interest; or
(4) if the Commission determines there is a dispute regarding any material factor in the contract or purchase order.