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§ 6.43 — Delinquency Dates - Penalties

Los Angeles Municipal Code (2026 Rev. 9, current through legislation effective June 30, 2026) · Los Angeles Administrative Code § 6.43

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Sec. 6.43. Delinquency Dates - Penalties.

The first installment including accrued interest, or any part, thereof shall become delinquent if the same is not paid on or before the thirty-first day of December after the October 15th following the expiration of said 90-day period. Succeeding installments in order shall likewise become delinquent if any amounts thereof are not paid on or before the thirty-first day of each December thereafter until and including the maturity date of the assessment. After the close of business on the thirty-first day of December each year a penalty shall be added to the amount of any installment of principal and interest then becoming delinquent, which penalty shall be equal in amount to ten per cent of such delinquent amount. SECTION HISTORY Based on Ord. No. 85,500. Amended by: Ord. No. 108,857.

§ 6.43 — Delinquency Dates - Penalties | Los Angeles, CA Municipal Code (2026 Rev. 9, current through legislation effective June 30, 2026) | Corpus