Well, off the top of my head, act No. 344 of 2000 changed the legal
post-judgment rate from 14% o 12%. However, Section 4 of the Act
provides, "This act takes effect January 1, 2001, and applies with
respect to interest calculated pursuant to causes of action arising or
accruing on or after that date." Hence, if the case arose or accrued
prior to 1/1/01, then the rate is 14%, even if the judgment is rendered
this year. Furthermore, if you got your judgment prior to 1/01/01, the
rate doesn't change to 12 as of that date - it stays 14 until the
judgment is satisfied since the Act applies only to causes of action
arising or accruing after 1/1/01. If you need any more help in South
Carolina, let me know. And that wasn't really off the top of my head.
Andrew Johnson, Esquire
(803) 799 0900.
On Wed, 17 Apr 2002 15:55:56 -0400 "Christine Stouffer"
<cstouffer@ulmer.com> writes:
> Hi everyone,
>
> Does anyone know the judgment interest rate in South Carolina say,
> off the top of your head?
>
> Am looking in M-H Law Digest as I write this.
>
> Thanks,
>
> Christine
>
> Christine M. Stouffer, Firm Librarian
> Ulmer & Berne LLP
> Cleveland, Ohio 44114
>
>
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