§ 24-1. Legal rate is eight percent.
Chapter24.
Interest.
Article 1.
General Provisions.
§ 24‑1. Legal rate iseight percent.
The legal rate of interestshall be eight percent (8%) per annum for such time as interest may accrue, andno more. (1876‑7, c. 91; Code, s. 3835; 1895, c. 69; Rev.,s. 1950; C.S., s. 2305; 1979, 2nd Sess., c. 1157, s. 1.)