This page provides general legal information and calculation tools, not legal advice. DocketMath is not a law firm and does not provide legal representation, and using this site does not create an attorney-client relationship. Laws change and exceptions apply, so deadlines and amounts specific to your situation should be confirmed with a licensed attorney in your jurisdiction.

Impact in Arizona

In Arizona, the statutory prejudgment interest rate on a judgment or claim is set at 10% per annum under A.R.S. § 44-1201(A)(2). This rate applies automatically to certain contract obligations and liquidated claims once they become due, unless the parties have agreed otherwise in writing. The statute establishes the percentage as the default legal rate, and the interest accrues on the principal amount from the date the debt is owed or the claim accrues. The law provides specific rules for when this rate begins and any applicable exceptions, all of which are detailed in the official source. A worked example below demonstrates how the 10% rate is applied over time. Use the DocketMath calculator to estimate interest on your own figures.

Governing authority

In Arizona, the impact rule is set by A.R.S. § 44-1201(A)(2). The verified packet cites A.R.S. § 44-1201(A)(2) (https://www.azleg.gov/ars/44/01201.htm).

Arizona impact: the verified value is 10% under A.R.S. § 44-1201(A)(2). The verified packet cites A.R.S. § 44-1201(A)(2) (https://www.azleg.gov/ars/44/01201.htm).

Estimate your own result: every situation has exceptions that can change the outcome. Use the impact calculator to estimate your specific figure.

This page provides general legal information and calculation tools, not legal advice. DocketMath is not a law firm and does not provide legal representation, and using this site does not create an attorney-client relationship. Laws change and exceptions apply, so deadlines and amounts specific to your situation should be confirmed with a licensed attorney in your jurisdiction.