Cody Brittain

Cody Brittain

April 19, 2019 | New York Law Journal

Statutory Interest Rates in a Low Interest World

Statutory interest rates in New York are fixed at nominal amounts, usually according to the monetary environment in which the statutes were enacted (or last amended). Given the drastic changes in monetary policy, these statutory rates are anachronisms in today's low interest world.

By Cody Brittain

8 minute read