§ 11-107. Rate of interest on judgments
West's Annotated Code of MarylandCourts and Judicial Proceedings
MD Code, Courts and Judicial Proceedings, § 11-107
§ 11-107. Rate of interest on judgments
(a) Except as provided in § 11-106 of this subtitle, the legal rate of interest on a judgment shall be at the rate of 10 percent per annum on the amount of judgment.
(b) The legal rate of interest on a money judgment for rent of residential premises shall be at the rate of 6 percent per annum on the amount of the judgment.
(c) The legal rate of interest on a money judgment for delinquent real or personal property taxes shall be the greater of:
Credits
Added by Acts 1980, c. 798. Amended by Acts 1985, c. 521, §§ 1, 2; Acts 1986, c. 852; Acts 2006, c. 44, § 6, eff. April 8, 2006.
MD Code, Courts and Judicial Proceedings, § 11-107, MD CTS & JUD PRO § 11-107
Current through legislation effective through April 9, 2023, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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