HARRY HUGHES, Governor

3471

(a)  The decisions of the Appeals Board are subject to
judicial review in accordance with the provisions of the
Administrative Procedure Act as they relate to judicial review of
contested cases.

(b)  Notwithstanding the provisions of the Administrative
Procedure Act, any aggrieved party, including a State agency, may
appeal a final decision or part thereof.

(C) (1) EXCEPT AS PROVIDED IN PARAGRAPH (2) OF THIS
SUBSECTION, ANY AMOUNT DUE TO A PARTY UNDER A JUDGMENT DECISION
OF THE APPEALS BOARD SHALL ACCRUE INTEREST, AT THE RATE SPECIFIED
IN § 11-107(A) OF THE COURTS AND JUDICIAL PROCEEDINGS ARTICLE,
UNTIL THE AMOUNT IS PAID.

(2) IF A JUDGMENT DECISION IS REDUCED AS A RESULT OF
JUDICIAL REVIEW, INTEREST SHALL BE PAID ONLY ON THE REDUCED
AMOUNT.

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.

SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall
take effect July 1, 1986.

Approved May 27, 1986.

CHAPTER 853

(House Bill 371)

AN ACT concerning

New Home Builders - Escrow Accounts

FOR the purpose of altering the requirement that a seller or
builder, in connection with the sale and purchase of certain
residential units not completed at the time of contracting
the sale, deposit certain sums of money in an escrow
account; altering the amount of money required to be
deposited in the escrow account; adding a new condition
which would terminate the requirement that certain funds be
kept in an escrow account by a seller or builder of certain
residential units; defining certain terms; providing that
certain contracts be in writing; providing that a contract
shall provide certain information and disclosures under