29:12 Abatement of Interest on Taxes. –
I. Any town from which interest is due to the county on its county taxes, whenever assessed, may through its selectmen file with the chairman of the county convention a petition for an abatement of all or any part of such interest, and the county convention is hereby granted the power to abate all or any part thereof, if it finds that such town was unable to pay its county taxes on the date when due because of extraordinary economic conditions, difficulty in collecting taxes due such town, or other good cause shown. Whenever a special meeting of the county convention is called to hear such a petition, the compensation of the members thereof provided by statute shall be paid by the petitioner.
II. This section shall apply to interest which has accrued prior to June 13, 1941.