Amends GS 136-113 to provide that interest at the prime rate plus 1% (rather than the legal rate under GS 24-1) must be added to the damages amount. Effective October 1, 2012.
Bill Summaries: H 1037 INTEREST RATE ON DOT CONDEMNATION DEPOSITS.
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Bill H 1037 (2011-2012)Summary date: May 22 2012 - View Summary