§ 15-110. Interest on judgment on contracts made elsewhere.

Current through October 23, 2012

In an action on a contract for the payment of a higher rate of interest than is lawful in the District, made or to be performed in a State or territory of the United States where such a contract rate of interest is lawful, the judgment for the plaintiff shall include the contract interest to the date of the judgment and interest thereafter at the rate of 6 per cent per annum until paid.

                
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(Aug. 30, 1964, 78 Stat. 678, Pub. L. 88-509, § 3(b)(1).)

HISTORICAL AND STATUTORY NOTES

Prior Codifications

1981 Ed., § 15-110.

1973 Ed., § 15-110.