## US-AK interest rules

This source-backed guide covers US-AK interest authority (Alaska Stat. § 09.30.070). It certifies only the quoted source-backed rules below; related interest categories remain outside this page unless they are expressly listed in the receipt.

## Alaska Stat. § 09.30.070

US-AK interest controlling authority under Alaska Stat. § 09.30.070.

> **09.30.070.** 0.070. Interest on judgments; prejudgment interest. REFERENCES AS 9.50.280 .280"> Sec. 09.50.280. Judgment for plaintiff; punitive damages. AS 18.80.130 Order; interest rate. AS 23.30.155 Payment of compensation. AS 36.30.623 Interest on certain claims. AS 36.30.623 Interest on certain claims. AS 45.56.710 Civil liability. AS 45.56.710 Civil liability. AS 45.56.710 Civil liability. AS 45.56.710 Civil liability. AS 45.56.710 Civil liability. AS 45.56.720 Rescission offers. AS 45.56.720 Rescission offers. AS 45.56.72

## Use the calculator

DocketMath's interest calculator can model interest scenarios once you identify the controlling jurisdiction, amount, rate type, and accrual date. Use the source panel for the verified source-backed rule.

[Open the Interest calculator](/tools/interest)

## Sources

- [09.30.070 — Alaska Stat. § 09.30.070](https://www.akleg.gov/basis/statutes.asp#09.30.070)

All sources are official primary law published by `www.akleg.gov`.

**Corroboration method:** government_primary_source_direct_fetch.


DocketMath’s Judgment Interest Calculator (Alaska) helps you estimate interest on a money judgment in Alaska using a simple, repeatable method.

Judgment Interest Calculator Guide for Alaska

AS 09.30.070 is formula-based; 2026 rate must be pulled from Alaska Court System ADM-505 annual notice. Contract rate (AS 45.45.010(b)) ceiling is higher of 10.5% or 12th Fed District discount + 5 pts on contract date.

ERISA does not specify a prejudgment interest rate. Federal courts typically apply 28 U.S.C. § 1961 (weekly-average 1-year constant-maturity Treasury yield for the calendar week preceding judgment) or IRC § 6621 underpayment rate, in the court's discretion.

Interest shall be calculated from the date of the entry of the judgment, at a rate equal to the weekly average 1-year constant maturity Treasury yield, as published by the Board of Governors of the Federal Reserve System, for the calendar week preceding the date of the judgment.

Alaska has no general statute mandating interest on escrow funds held by title companies, real-estate brokers, or attorneys. Interest, if any, is governed by the escrow instructions and any written agreement of the parties.

AS 09.30.070(b): 'Interest on a judgment or decree accrues from the date the complaint is filed, except that, if a claim is presented, interest on a judgment or decree as to that claim accrues from the date the claim is presented.' Postjudgment interest continues at the same rate until satisfaction.

Alaska Court System publishes the annual postjudgment/prejudgment interest rate each January, equal to three percentage points above the 12th Federal Reserve District discount rate in effect on January 2 of the judgment year, per AS 09.30.070.

Prejudgment interest accrues from filing of complaint (or date of claim presentation), at same formula rate.

AS 45.45.010(a): 'The rate of interest in the state is 10.5 percent a year and no more on money after it is due except as provided in (b) of this section.' AS 45.45.010(b) permits contracts in writing at rates up to the higher of 10.5% or five percentage points above the 12th Federal Reserve District discount rate on the day the contract is made.

Written contracts may specify a rate not exceeding the greater of 10.5% or five percentage points above the 12th Federal Reserve District discount rate on the day the contract is made.

Alaska has no separate penalty-interest statute distinct from AS 09.30.070 (judgments) and AS 45.45.010 (legal rate). Where a court awards statutory penalties, interest accrues under AS 09.30.070 once reduced to judgment.

AS 34.03.070 requires the landlord to hold security deposits and prepaid rent in a trust account with a bank, savings and loan association, or licensed escrow agent, but does NOT require the landlord to pay interest to the tenant on the deposit.

Landlord must provide itemized accounting and refund of remaining deposit within 14 days (or 30 days if tenant did not give proper notice).

Alaska Stat. § 09.30.070(a): 'Notwithstanding AS 45.45.010, the rate of interest on judgments and decrees for the payment of money, including prejudgment interest, is three percentage points above the 12th Federal Reserve District discount rate in effect on January 2 of the year in which the judgment or decree is entered, except that a judgment or decree founded on a contract in writing, providing for the payment of interest until paid at a specified rate not exceeding the legal rate of interest for that type of contract, bears interest at the rate specified in the contract if the rate is set out in the judgment or decree.'

interest in US-AK is governed by Alaska Stat. § 09.30.070.