HARRY HUGHES, Governor                                     2641

Article - Courts and Judicial Proceedings
11-107.

(a)  Except as provided in § 11-106 of this article, the
legal rate of interest on a judgment shall be at the rate of 10
percent per annum on the amount of judgment.

(b)  The legal rate of interest on a money judgment for rent
of residential premises shall be at the rate of 6 percent per
annum on the amount of the judgment.

(C) THE LEGAL RATE OF INTEREST ON A MONEY JUDGMENT FOR
DELINQUENT TAXES THAT ARE CONTROLLED BY § 14-603 OF THE TAX-
PROPERTY ARTICLE SHALL BE AT THE RATE FIXED UNDER § 14-603 OF THE
TAX PROPERTY ARTICLE FOR INTEREST AND PENALTIES.

SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall
take effect July 1, 1985.

(C) THE LEGAL RATE OF INTEREST ON A MONEY JUDGMENT FOR
DELINQUENT REAL OR PERSONAL PROPERTY TAXES SHALL BE THE GREATER
OF:

(1) THE SUM OF THE RATES FIXED UNDER §§ 14-603 AND
14-702 OF THE TAX - PROPERTY ARTICLE FOR INTEREST AND PENALTIES;
OR

(2) AT THE RATE OF 10 PERCENT PER ANNUM.

SECTION 3. AND BE IT FURTHER ENACTED, That Section 1 of
this Act shall take effect July 1, 1985, and shall remain
effective until February 1, 1986. On February 1, 1986, and with
no further action required by the General Assembly, Section 1 of
this Act shall be abrogated and of no further force and effect.
Section 2 of this Act shall take effect February 1, 1986.

Approved May 28, 1985.

CHAPTER 522

(Senate Bill 243)

AN ACT concerning

Baltimore City - Abandoned Vehicles - Notice
and Failure to Reclaim

FOR the purpose of reducing the period of time in which an owner
or secured party must reclaim an abandoned vehicle for