Regulations last checked for updates: May 03, 2025

Title 46 - Shipping last revised: Mar 17, 2025
§ 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]
authority: 46 U.S.C. 2103,2104,6101,7701,8105,9303,9304; DHS Delegation No. 00170.1, Revision No. 01.4, paragraphs (II)(92)(a), (d), (e), (f)
cite as: 46 CFR 401.427