Senate Bill No. 495

(By Senators Bailey, Boley, Love, Sprouse and Deem)

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[Introduced February 10, 1999;

referred to the Committee on the Judiciary.]

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A BILL to amend and reenact section thirty-seven, article two, chapter forty-eight of the code of West Virginia, one thousand nine hundred thirty-one, as amended, relating to eliminating the application of interest to judgments or decrees entered in divorce cases.

Be it enacted by the Legislature of West Virginia:
That section thirty-seven, article two, chapter forty-eight of the code of West Virginia, one thousand nine hundred thirty- one, as amended, be amended and reenacted to read as follows:
ARTICLE 2. DIVORCE, ANNULMENT AND SEPARATE MAINTENANCE.

§48-2-37. Judgment or decree not to bear interest.
In consideration of the other enforcement remedies provided for in this article, a judgment or decree entered under the provisions of this article may not bear interest and the provisions of section thirty-one, article six, chapter fifty-six do not apply.



NOTE: The purpose of this bill is to eliminate interest from judgments or decrees entered in divorce cases.

Section 37 has been completely rewritten; therefore, strike-throughs and underscoring have been omitted.