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 North Dakota

In North Dakota, the statutory interest rate on a judgment is set at 6% per year under N.D. Cent. Code § 47-14-05. This rate applies to the principal amount of the judgment from the date it is entered until fully paid. The statute does not provide for compounding; interest accrues as simple interest on the unpaid balance. The law is straightforward, with no variable factors or periodic adjustments tied to market rates. The worked example below illustrates how the 6% rate is applied to a judgment over time. For a calculation specific to a judgment’s principal and duration, the DocketMath calculator can generate the precise amount.

Governing authority

In North Dakota, the impact rule is set by N.D. Cent. Code § 47-14-05. The verified packet cites N.D. Cent. Code § 47-14-05 (https://www.legis.nd.gov/cencode/t47c14.pdf).

North Dakota impact: the verified value is 6% under N.D. Cent. Code § 47-14-05. The verified packet cites N.D. Cent. Code § 47-14-05 (https://www.legis.nd.gov/cencode/t47c14.pdf).

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.