New Hampshire Revised Statutes 524:1-a – Interest to be Added
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Terms Used In New Hampshire Revised Statutes 524:1-a
- Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
- Statute: A law passed by a legislature.
In the absence of a demand prior to the institution of suit, in any action on a debt or account stated or where liquidated damages are sought, interest shall commence to run from the time of the institution of suit. This statute shall be inapplicable where the party to be charged pays the money into court in accordance with the rules of the superior court.