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2018 Georgia Code 50-21-31 | Car Wreck Lawyer

Link to State of Georgia Official Statute 2018 Georgia Code Annotated (sourced from legal.resource.org)

O.C.G.A. 50-21-31 Case Law from Google Scholar Amendments to OCGA 50-21-31

TITLE 50 STATE GOVERNMENT

Section 21. Waiver of Sovereign Immunity as to Actions Ex Contractu; State Tort Claims, 50-21-1 through 50-21-37.

ARTICLE 2 STATE TORT CLAIMS

50-21-31. Interest rate after judgment.

In all cases where judgment is obtained under this article, the judgment shall bear interest from the date judgment is entered at the rate of 7 percent per annum.

(Code 1981, §50-21-31, enacted by Ga. L. 1992, p. 1883, § 1.)

JUDICIAL DECISIONS

Interest on excessive judgments.

- In a negligence action against the Department of Transportation, the court erred in entering judgment in excess of $1 million, as allowed under O.C.G.A. § 50-21-29(b), and interest accrued on the $1 million maximum allowable, not on the larger sum returned in the verdict. DOT v. Cannady, 230 Ga. App. 585, 497 S.E.2d 72 (1998), aff'd, 270 Ga. 427, 511 S.E.2d 173 (1999).

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