If a person is more than thirty (30) days late paying a fee required under this chapter, the board shall assess a late fee of the greater of the following:

1. (1) Ten percent (10%) of the amount due.

2. (2) Five dollars ($5).

   [Pre-2008 Recodification Citation: 15-6-1-22.]

As added by P.L.2-2008, SEC.9.