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 Utah

In Utah, the prejudgment interest rate on a monetary judgment is set by statute. Under Utah Code Ann. § 15-1-1, the rate is fixed at 10% per annum. This statutory rate applies automatically to contract and other civil judgments, running from the date the cause of action accrued until the entry of judgment. The rule does not require a court to calculate or adjust the figure; the 10% rate is prescribed by law and is applied uniformly. The official source provides the exact statutory language. The worked example below demonstrates how this fixed rate is applied over a given period. To estimate the prejudgment interest for a specific case, use the DocketMath calculator.

Governing authority

In Utah, the impact rule is set by Utah Code Ann. § 15-1-1. The verified packet cites Utah Code Ann. § 15-1-1 (https://le.utah.gov/xcode/Title15/Chapter1/15-1-1.html).

Utah impact: the verified value is 10% under Utah Code Ann. § 15-1-1. The verified packet cites Utah Code Ann. § 15-1-1 (https://le.utah.gov/xcode/Title15/Chapter1/15-1-1.html).

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.