Under existing law, post-judgment interest on money judgments, if based upon a contract action, bear interest from the day of the cause of action at the same rate of interest as stated in the contract
This bill would provide that money judgments would bear interest from the date of the cause of action
To amend Section 8-8-10, Code of Alabama 1975, relating to the interest on money judgments; to provide that all money judgments would bear interest from the date of the cause of action.
|April 2, 2013||H||Read for the first time and referred to the House of Representatives committee on Judiciary|
|Bill Text||HB524 Alabama 2013 Session - Introduced|