(a) Except as provided in subsection (b), the judgment shall include interest at a rate equal to the most recent weekly average one-year constant maturity yield, as published by the Board of Governors of the Federal Reserve System, upon the unpaid portion of the compensation awarded. The interest shall commence to accrue on the date of entry of the judgment.
(b) Except as provided by Section 18-1A-111, the judgment may not include any interest upon the amount represented by funds deposited into probate court by the plaintiff for the period after the date of deposit.
Structure Code of Alabama
Chapter 1A - Eminent Domain Generally.
Article 12 - Judgment and Postjudgment Procedure.
Section 18-1A-210 - Contents of Judgment.
Section 18-1A-211 - Interest on Compensation Awarded.
Section 18-1A-212 - Crediting Amounts Paid or Withdrawn From Deposited Funds.
Section 18-1A-213 - Performance of Work to Reduce Amount of Award.
Section 18-1A-214 - Payment of Judgment by Plaintiff; Deduction of Taxes From Award.
Section 18-1A-215 - Effect of Failure to Pay Judgment.
Section 18-1A-216 - Payment After Judgment From Funds Deposited With Court.