Interest on warrants issued under deficiency certificates.

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

The warrants issued under the authority of any deficiency certificate shall bear interest at a rate to be fixed by the State Treasurer not to exceed four percent (4%) per annum.

Added by Laws 1947, p. 381, § 28, emerg. eff. Feb. 25, 1947. Amended by Laws 1989, c. 343, § 1, operative July 1, 1989. Renumbered from § 41.28 of this title by Laws 2009, c. 441, § 64, eff. July 1, 2009.


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