Section 1206 – Waiver of interest and penalty.

Effective 5/9/2017
67-4a-1206. Waiver of interest and penalty.
The administrator:

• (1) may waive, in whole or in part, interest under Subsection 67-4a-1204(1) and penalties under Subsection 67-4a-1204(2) or Section 67-4a-1205; and

• (2) may waive a penalty under Subsection 67-4a-1204(2) if the administrator determines that the holder acted in good faith and without negligence.

Enacted by Chapter 371, 2017 General Session