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“Legal Rate of Interest” pursuant to 14 M.R.S.A. §1602-B(3)

 

Interest Start Date:            Interest Rate:

 

2001                                8% if amount due is less than or equal to $30,000; 6.34% if amount due is greater than $30,000

 

2002                                8% if amount due is less than or equal to $30,000; 3.28% if amount due is greater than $30,000

 

1/1/03 to 6/30/03           8% if amount due is less than or equal to $30,000; 2.41% if amount due is greater than $30,000

 

7/1/03 -12/31/03            4.41%

 

2004                                4.28%

 

2005                                5.77%

 

2006                                7.36%

 

2007                                7.99%

 

2008                                6.42%

 

2009                                3.40%

 

2010                                3.41%

 

2011                                3.30%

 

2012                                3.12%

 

2013                                3.16%

 

2014                                3.12%

 

 

Note: The interest rate is fixed from the date it begins to run.