## US-ND interest rules

This source-backed guide covers US-ND interest authority (N.D. Cent. Code § 28-20-34). It certifies only the quoted source-backed rules below; related interest categories remain outside this page unless they are expressly listed in the receipt.

## N.D. Cent. Code § 28-20-34

US-ND interest controlling authority under N.D. Cent. Code § 28-20-34.

> **28-20-34.** nterest is payable at the rate of twelve percent per annum through December 31, 2005. Beginning January 1, 2006, the interest is payable at a rate equal to the prime rate published in the Wall Street Journal on the first Monday in December of each year plus three percentage points rounded up to the next one-half percentage point and may not be compounded in any manner or form. On or before the twentieth day of December each year, the state court administrator shall determine the rate and shall transmit notice of th

## 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

- [28-20-34 — N.D. Cent. Code § 28-20-34](https://ndlegis.gov/cencode/t28c20.pdf)

All sources are official primary law published by `ndlegis.gov`.

**Corroboration method:** government_primary_source_direct_fetch.


DocketMath’s Judgment Interest Calculator for North Dakota (US-ND) helps you estimate interest on a money judgment over a specified date range, using in...

Judgment Interest Calculator Guide for North Dakota

ANO-831 surgery 2026-04-24: removed prime-rate formula (Oklahoma transplant), removed fabricated § 28-20-34(2)/(3) sub-rules (no PI/WD exemption, no 30-day grace), corrected § 47-14-04 mis-citation (penalty), removed fabricated § 32-03-09/§ 32-03-17 ERISA quotes (replaced with 28 U.S.C. § 1961), removed nonexistent escrow § 47-14-09 statute, fixed security-deposit citation to § 47-16-07.1. ND judgment rate is 6% legal under § 47-14-05 (per § 28-20-34 referral); ND does NOT use prime+3% formula.

A civil action may be brought... by a participant, beneficiary, or fiduciary for appropriate relief under this subchapter.

Interest shall be allowed on any money judgment in a civil case recovered in a district court... calculated... at a rate equal to the weekly average 1-year constant maturity Treasury yield...

Interest is payable on all moneys at the rate of six percent per annum, unless a different rate is contracted for in writing.

Interest is payable on all judgments recovered in the courts of this state at the same rate of interest as is provided in the original contract upon which the action resulting in the judgment was based, which rate may not exceed the maximum rate provided in section 47-14-09, or in all other cases at the rate provided in section 47-14-05.

The maximum rate of interest which may be charged for a loan or forbearance of money is five and one-half percent higher than the current cost of money as reflected by the average rate of interest payable on United States treasury bills maturing in six months, but in no event may the maximum rate of interest exceed six percent per annum on a contract or agreement which does not specify a rate of interest, or seven percent per annum on a judgment of a court of this state which is based on a written contract or agreement which does not specify a rate of interest.

Maximum contract interest rate cap (T-bill-tied formula).

If the security deposit is held by the lessor for a period of more than nine months, the deposit must accrue interest at a rate equivalent to the rate of interest on a money market savings account; provided that no interest is required to be paid the tenant if the amount of interest payable is less than five dollars.

interest in US-ND is governed by N.D. Cent. Code § 28-20-34.