Except as otherwise provided by contract, interest awarded on mechanics' lien claims shall be calculated at the legal rate, as provided in section 334.01 , from the time the underlying obligation arises until the expiration of 30 days after the claimant's last item of labor, skill, or materials was furnished to the improvement and shall be calculated thereafter at the rate computed for verdicts and judgments, as provided in section 549.09 .
Minn. Stat. § 514.135
COMPUTATION OF INTEREST ON CLAIMS.
Known as the Minnesota Liens on Personal Property in Self-Service Storage Act
The act spans §§ 514–514 (89 sections).
Applied in 4 court decisions — leading case Gaughan v. Gaughan (1990)
Most recently applied in John David Contracting, Inc. v. Brozek (August 1995)
1984 c 472 s 1
How often courts cite this section
Court decisions citing this, by year. The dip in the last several years is a data-coverage gap, not a real trend — our corpus holds fewer opinions from the most recent years, so recent citations are undercounted.
Official source: Minnesota Office of the Revisor of Statutes. Reproduced from public-domain Minnesota statutes; confirm against the official source for the current text. Not legal advice.