(a) (1) Except as provided in subdivision (a)(2) of this section, interest on a judgment entered by a court shall bear interest:
(A) In an action on a contract at the rate provided by the contract or ten percent (10%) per annum, whichever is greater; and
(B) In any other action at ten percent (10%) per annum.
(2) Interest on a judgment shall not exceed the maximum rate permitted under Arkansas Constitution, Amendment 89.
(b) A judgment rendered or to be rendered against a county in the state on a county warrant or other evidence of county indebtedness shall not bear interest.
Section: Previous 16-65-107 16-65-108 16-65-109 16-65-110 16-65-111 16-65-112 16-65-113 16-65-114 16-65-115 16-65-116 16-65-117 16-65-118 16-65-120 16-65-121 16-65-122 NextLast modified: November 15, 2016