§ 16-65-114. Interest on judgments

AR Code § 16-65-114 (2018) (N/A)
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(a) (1) Except as provided in subdivision (a)(2) of this section, interest on a judgment entered by a court shall bear interest:

(A) In an action on a contract at the rate provided by the contract or ten percent (10%) per annum, whichever is greater; and

(B) In any other action at ten percent (10%) per annum.

(2) Interest on a judgment shall not exceed the maximum rate permitted under Arkansas Constitution, Amendment 89.

(b) A judgment rendered or to be rendered against a county in the state on a county warrant or other evidence of county indebtedness shall not bear interest.