CIV § 3289
Where this section sits in the code
- Civil Code - CIV
- DIVISION 4. GENERAL PROVISIONS [3274. - 9566.]
- PART 1. RELIEF [3274. - 3428.]
- TITLE 2. COMPENSATORY RELIEF [3281. - 3361.]
- CHAPTER 1. Damages in General [3281. - 3296.]
- ARTICLE 2. Interest as Damages [3287. - 3291.]
(a) Any legal rate of interest stipulated by a contract remains chargeable after a breach thereof, as before, until the contract is superseded by a verdict or other new obligation.
(b) If a contract entered into after January 1, 1986, does not stipulate a legal rate of interest, the obligation shall bear interest at a rate of 10 percent per annum after a breach.
For the purposes of this subdivision, the term contract shall not include a note secured by a deed of trust on real property.
Collected 2026-09-14T05:56:33Z. Source file · JSON