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CAOF Payment Policy
Approved by the FPMP Governing Board 
11/22/1999

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Practice Plans are required to pay their respective CAOF that are due for the current month 45 days after month's end and will be considered past due after 60 days of month end receipts. Failure to pay will incur 6% APR interest charge (1/2% per month). 

For example, CAOF payment on net receipts collected by September 30, 1999 would be due on November 15, 1999 but no later than November 30, 1999.  Past due amounts after November 30, 1999 would be assessed a 1/2% month interest charge. This policy is effective December 31, 1999.