47-14-121 - Interest on judgments Rate.
47-14-121. Interest on judgments Rate.
Interest on judgments, including decrees and municipal court judgments, shall be computed at the effective rate of ten percent (10%) per annum, except as may be otherwise provided or permitted by statute; provided, that where a judgment is based on a note, contract, or other writing fixing a rate of interest within the limits provided in § 47-14-103 for that particular category of transaction, the judgment shall bear interest at the rate so fixed.
[Acts 1979, ch. 203, § 20; 1981, ch. 263, § 1; 2008, ch. 655, § 1.]