23 CAR § 466-507
23 CAR § 466-507. Late payment charges
Length: 70 wordsOfficial source
(a) An LEC may calculate late payment charges only on an overdue balance of a bill for telecommunications service.
(b) A late payment charge may not exceed:
(1) Ten percent (10%) of the first thirty dollars ($30.00) of the customer’s bill; and
(2) Two percent (2%) of the remainder.
(c) The amount of the late payment charge shall be set forth in the LEC’s tariffed schedule of fees and charges.