Supplemental principles of law; rate of interest

Checkout our iOS App for a better way to browser and research.

§1307. Supplemental principles of law; rate of interest

1.  Principles of law and equity supplement.  Unless displaced by particular provisions of this chapter, the principles of law and equity supplement this chapter.  

[PL 2005, c. 543, Pt. C, §2 (NEW).]

2.  Default interest rate.  If an obligation to pay interest arises under this chapter and the rate is not specified, the rate is that specified in Title 14, section 1602-B.  

[PL 2005, c. 543, Pt. C, §2 (NEW).]

SECTION HISTORY

PL 2005, c. 543, §C2 (NEW).


Download our app to see the most-to-date content.