Supplemental Principles of Law

Supplemental Principles of Law. (a) Unless displaced by particular provisions of this chapter, the principles of law and equity supplement this chapter. (b) If an obligation to pay interest arises under this chapter and the rate is not specified, the prevailing rate is that specified for judgments for the payment of money, currently codified at 7 CMC § 4101. Source: PL 15-88, § 2(104), modified. Commission Comment: The Commission changed all references to “this Act” to “this chapter” pursuant to 1 CMC § 3806(d).