<?xml version='1.0' encoding='utf-8'?>
<section number="10-201.01" name="Fractional year taxes; interest; penalty" law="code" slug="sec-10-201.01" node_id="PTIITI17PULOLAPRGECOMA_SUBTITLE_10FITA_DIV8TAASLECO_SD1APRTA_S10-201.01FRYETAINPE">
  <text>In accordance with the authority granted in Section 14-604, Tax-Property Article, Annotated Code of Maryland, delinquent three-quarter, one-half, and one-quarter year taxes shall bear interest at two-thirds of one percent (2/3%) per month or fraction thereof and penalty of one percent (1%) per month or fraction thereof until paid.</text>
</section>
