{"data":{"id":"us-nyc/n.y.c.-admin.-code-11-123","jurisdiction":"us-nyc","citation":"N.Y.C. Admin. Code § 11-123","heading":"§ 11-123 Interest compounded daily.","body":"In computing the amount of any interest required to be paid under section 11-224 (except subdivision j thereof), 11-224.1, 11-264, 11-306, 11-307, 11-312, 11-313, 17-151, 19-152, 24-317, 24-512, 24-605, 26-128, 26-517.1, 27-2144 or 27-4029.1 of the code, such interest shall be compounded daily.","path":["New York City Administrative Code","Title 11","Chapter 1: Department of Finance"],"source_url":"https://files.amlegal.com/pdffiles/NewYorkCity/Admin/XML.zip","current_through":"Local Law 2026/135 (enacted August 31, 2026)","vintage":"","retrieved_at":"2026-09-06T02:48:57Z","sha256":"9f93e2192e0804917ba074341ca48e9edd22cc5b23618c1990978651c4d82bd5","source_id":"us-nyc","stale":false,"prev":"us-nyc/n.y.c.-admin.-code-11-122","next":"us-nyc/n.y.c.-admin.-code-11-124"},"notice":"GroundRules: Original legal text. Not legal advice."}