43 U.S.C. § 478

Pecuniary penalty for nonpayment of installments of construction charges

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If any water-right applicant or entryman shall have, prior to December 5, 1924, failed to pay any installment of his construction charges when due, there shall be added to the amount unpaid a penalty of 1 per centum thereof, and there shall be added a like penalty of 1 per centum of the amount unpaid on the first day of each month thereafter so long as such default shall have continued: Provided, That the penalty of 1 per centum per month against delinquent accounts, is reduced to one-half of 1 per centum per month, as to all installments which may become due after December 5, 1924.

Notes of Decisions

Cited in 2 cases, 1991–2012 · leading case: In Re Gift, 469 B.R. 800 (Bankr. M.D. Tenn. 2012).

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In Re Gift, 469 B.R. 800 (Bankr. M.D. Tenn. 2012). “1980) (charges and penalties payable to the Secretary of Interior); 43 U.S.C.A. § 478 (Law. Coop. 1980) (construction charges and “a penalty of [one] per centum thereof’ payable by any water right applicant or entryman) (emphasis added); 47 U.”

In Re Brentwood Outpatient Ltd., 134 B.R. 267 (Bankr. M.D. Tenn. 1991). “1980) (charges and penalties payable to the Secretary of Interior); 43 U.S.C.S. § 478 (Law.Co-op. 1980) (construction charges and “a penalty of [one] per centum thereof” payable by any water right applicant or entryman) (emphasis added); 47 U.”

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