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Statutes Text

Article - Courts and Judicial Proceedings




§11–107.

    (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:

        (1)    The sum of the rates fixed under §§ 14-603 and 14-702 of the Tax - Property Article for interest and penalties; or

        (2)    At the rate of 10 percent per annum.