Section 321.0107 Supplemental Principles of Law; Rate of Interest
321.0107 SUPPLEMENTAL PRINCIPLES OF LAW; RATE OF INTEREST.
(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 rate is that specified in section 334.01.
History:
2004 c 199 art 1 s 7