To the amount awarded as compensation by the commissioners or a jury or judge, the judge shall add interest at the rate of six percent (6%) per annum on said amount from the date of taking to the date of judgment. Interest shall not be allowed from the date of deposit on so much thereof as shall have been paid into court as provided in this Article.
N.C. Gen. Stat. § 40A-53
Interest as a part of just compensation
Applied in 3 court decisions — leading case 182 N.C. App. 350 - State v. Shannon (2007)
Most recently applied in 182 N.C. App. 350 - State v. Shannon (April 2007)
1981, c. 919, 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: North Carolina General Assembly. Reproduced from public-domain North Carolina statutes; confirm against the official source for the current text. Not legal advice.