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Current as of January 01, 2025 | Updated by Findlaw Staff
Interest required to be paid by the commonwealth pursuant to this section shall be calculated at a Weekly average one-year constant maturity Treasury yield, as published by the Board of Governors of the Federal Reserve System, for the calendar week preceding date of the judgment; provided, however, that such interest shall not exceed the rate of ten percent per annum. The secretary of administration and finance shall maintain a schedule of the rate described above for the distribution to all clerks of courts.
Cite this article: FindLaw.com - Massachusetts General Laws Part III. Courts, Judicial Officers and Proceedings in Civil Cases (Ch. 211-262) Ch. 231, § 6I - last updated January 01, 2025 | https://codes.findlaw.com/ma/part-iii-courts-judicial-officers-and-proceedings-in-civil-cases-ch-211-262/ma-gen-laws-ch-231-sect-6i/
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