514.135 — Computation of interest on claims.

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     514.135 Computation of interest on claims. 


    Except as otherwise provided by contract, interest awarded 
 on mechanics' lien claims shall be calculated at the legal rate, 
 as provided in section 334.01, from the time the underlying 
 obligation arises until the expiration of 30 days after the 
 claimant's last item of labor, skill, or materials was furnished 
 to the improvement and shall be calculated thereafter at the 
 rate computed for verdicts and judgments, as provided in section 
 549.09.  


    HIST: 1984 c 472 s 1 


Copyright 2005 by the Office of Revisor of Statutes, State of Minnesota.