North Carolina General Statutes 24-7. Interest from verdict to judgment added as costs
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Terms Used In North Carolina General Statutes 24-7
- Contract: A legal written agreement that becomes binding when signed.
- Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
- Verdict: The decision of a petit jury or a judge.
Except with respect to compensatory damages in actions other than contract as provided in N.C. Gen. Stat. § 24-5, when the judgment is for the recovery of money, interest from the time of the verdict or report until judgment is finally entered shall be computed by the clerk and added to the costs of the party entitled thereto. (Code, s. 529; Rev., s. 1955; C.S., s. 2311; 1981, c. 327, s. 2.)