46 USC 30911 - Costs and Interest
(a) In General.—A judgment against the United States or a federally-owned corporation under this chapter may include costs and interest at the rate of 4 percent per year until satisfied. Interest shall run as ordered by the court, except that interest is not allowable for the period before the action is filed.
(b) Contract Providing for Interest.—Notwithstanding subsection (a), if the claim is based on a contract providing for interest, interest may be awarded at the rate and for the period provided in the contract.
(Pub. L. 109–304, §6(c), Oct. 6, 2006, 120 Stat. 1519.)
Historical and Revision Notes
| Revised Section | Source (U.S. Code) | Source (Statutes at Large) |
|---|
| 30911 |
46 App.:743 (2d, 3d sentences). |
Mar. 9, 1920, ch. 95, §3 (2d, 3d sentences), 41 Stat. 526. |
| |
46 App.:745 (last proviso). |
Mar. 9, 1920, ch. 95, §5 (last proviso), 41 Stat. 526; June 30, 1932, ch. 315, 47 Stat. 420; Dec. 13, 1950, ch. 1136, 64 Stat. 1112. |
Sections: 30904 30905 30906 30907 30908 30909 30910 30911 30912 30913 30914 30915 30916 30917 30918
Last modified: October 26, 2015