North Carolina § 66-306 - Late fees.
Full text of North Carolina North Carolina General Statutes § 66-306 — Late fees., with citation guidance and answers to common questions.
§ 66-306. Late fees.
In all rental contracts in which a definite time for the payment of the rent is fixed, the late fee for each rental unit shall not exceed fifteen dollars ($15.00) or fifteen percent (15%) of the rental payment, whichever is greater, and shall not be imposed by the self-service storage business until the rental payment for that rental unit is five days or more late. A late fee under this section may be imposed only one time for each late rental payment. A late fee for a specific late rental payment shall not be deducted from a subsequent rental payment so as to cause the subsequent rental payment to be in default. History (1999-416, s. 1; 2013-239, s. 3.) Editor's Note. - Session Laws 1999-416, s. 1, enacted this section as G.S. 66-281, it has been recodified as G.S. 66-306, at the direction of the Revisor of Statutes. Session Laws 2013-239, s. 4, made the amendment to subsection (a) by Session Laws 2013-239, s. 3, applicable only to contracts entered into on or after October 1, 2013. Effect of Amendments. - Session Laws 2013-239, s. 3, effective October 1, 2013, in subsection (a), added "fifteen dollars ($15.00) or" and "whichever is greater" and made a minor punctuation change. For applicability, see editor's note.
Source: official North Carolina text · Last verified 2026-08-27
Frequently Asked Questions About North Carolina § 66-306
What does North Carolina General Statutes § 66-306 cover?
Section 66-306 ("Late fees.") is part of the North Carolina General Statutes, the codified statutory law of North Carolina. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite North Carolina § 66-306?
A common citation format is "North Carolina General Statutes § 66-306" (North Carolina). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of North Carolina law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the North Carolina official source linked on this page or consult a licensed North Carolina attorney.
How does North Carolina § 66-306 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in North Carolina can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in North Carolina.