                                 CODE OF VIRGINIA

VERDICT, JUDGMENT OR DECREE TO FIX PERIOD AT WHICH INTEREST BEGINS; FINAL ORDER;
JUDGMENT OR DECREE FOR INTEREST (§ 8.01-382)

In any Administrative Process Act (§ 2.2-4000 et seq.) action or action at law
or suit in equity, the final order, verdict of the jury, or if no jury the
judgment or decree of the court, may provide for interest on any principal sum
awarded, or any part thereof, and fix the period at which the interest shall
commence. The final order, judgment or decree entered shall provide for such
interest until such principal sum be paid. If a final order, judgment or decree
be rendered which does not provide for interest, the final order, judgment or
decree awarded or jury verdict shall bear interest at the judgment rate of
interest as provided for in § 6.2-302 from its date of entry or from the date
that the jury verdict was rendered. Notwithstanding the provisions of this
section, any judgment entered for a sum due under a negotiable instrument, as
defined by § 8.3A-104, shall provide for interest on the principal sum in
accordance with § 8.3A-112 at the rate specified in the instrument. If no such
rate is specified, interest on the principal sum shall be at the judgment rate
provided in § 6.2-302. Final orders may be recorded, enforced, and satisfied as
orders or decrees of a circuit court upon certification of such orders by the
agency head or his designee.

HISTORY: Code 1950, § 8-223; 1964, c. 219; 1974, c. 172; 1975, c. 448; 1977, c.
617; 1979, c. 501; 1997, c. 551; 2004, c. 646; 2008, c. 219; 2009, c. 797.