Regular Interest definition
Examples of Regular Interest in a sentence
Regular interest" means interest at the rate which the Board of Trustees of the Maine Public Employees Retirement System sets from time to time, in accordance with Title 5, section 17156.[PL 1989, c.
Regular interest" means interest at the rate set from time to time by the board in accordance with section 17156.[PL 1985, c.
Regular interest is not paid, as all interest is paid at maturity.
Regular interest shall mean interest at the rate of four per centum (4%) per annum with respect to all calculations and allowances on account of members' contributions and at the rate of three per centum (3%) per annum with respect to employers' contributions, with the right reserved to the Board of Trustees to set a different rate or rates from time to time.
Regular interest rate established by subsection (13)(c) of Section 6 of15 this Act;16 2.