New Jersey § 2a:49a-10
Full text of New Jersey New Jersey Statutes § 2a:49a-10, with citation guidance and answers to common questions.
§ 2a:49a-10.
a. With respect to a foreign-money claim, recovery of pre-judgment or pre-award interest
and the rate of interest to be applied in the action or distribution proceeding, except
as provided in subsection b. of this section, are matters of the substantive law governing
the right to recovery under the conflict-of-laws rules of this State. b. The court or arbitrator shall increase or decrease the amount of pre-judgment or
pre-award interest otherwise payable in a judgment or award in foreign-money to the
extent required by the law of this State governing a failure to make or accept an
offer of settlement or offer of judgment, or conduct by a party or its attorney causing
undue delay or expense. c. A judgment or award on a foreign-money claim bears interest at the rate applicable
to judgments of this State.
Frequently Asked Questions About New Jersey § 2a:49a-10
What does New Jersey Statutes § 2a:49a-10 cover?
Section 2a:49a-10 is part of the New Jersey Statutes, the codified statutory law of New Jersey. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite New Jersey § 2a:49a-10?
A common citation format is "New Jersey Statutes § 2a:49a-10" (New Jersey). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of New Jersey law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New Jersey official source linked on this page or consult a licensed New Jersey attorney.
How does New Jersey § 2a:49a-10 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New Jersey can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in New Jersey.