§ 9-21-10 — § 9-21-10. Interest in civil actions.
This text of Rhode Island § 9-21-10 (§ 9-21-10. Interest in civil actions.) is published on Counsel Stack Legal Research, covering Rhode Island primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Text
§ 9-21-10. Interest in civil actions.
(a) In any civil action in which a verdict is rendered or a decision made for pecuniary damages, there shall be added by the clerk of the court to the amount of damages interest at the rate of twelve percent (12%) per annum thereon from the date the cause of action accrued, which shall be included in the judgment entered therein. Post-judgment interest shall be calculated at the rate of twelve percent (12%) per annum and accrue on both the principal amount of the judgment and the prejudgment interest entered therein. This section shall not apply until entry of judgment or to any contractual obligation
Free access — add to your briefcase to read the full text and ask questions with AI
Related
Legislative History
Nearby Sections
15
Cite This Page — Counsel Stack
Rhode Island § 9-21-10, Counsel Stack Legal Research, https://law.counselstack.com/statute/ri/9-21-10.