The percent interest rate provided for in sections twelve, thirteen, fourteen, fourteen-a, fifteen, sixteen and eighteen of this article, shall be applicable only to condemnation proceedings hereafter instituted. The rate of interest previously applicable to proceedings under the above sections shall continue to be applicable to condemnation proceedings heretofore instituted.
W. Va. Code § 54-2-21
Effective date of new percent interest rates
Applied in 1 court decision — leading case W.Va. Department of Transportation, Div. of Highways v. Douglas R. Veach (2017)
Most recently applied in W.Va. Department of Transportation, Div. of Highways v. Douglas R. Veach (April 2017)
Official source: West Virginia Legislature. Reproduced from public-domain West Virginia statutes; confirm against the official source for the current text. Not legal advice.