Settlement Allocator in Minnesota
2 min read
Published July 14, 2026 • By DocketMath Team
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Quoted from the source law itself. Not legal advice; confirm how it applies to your matter.
Current verified answer
Minnesota settlement-allocator: interest rate is 4; high value interest rate is 10.
Run the allocationAuthority and key facts
- Interest Rate: 4
- High Value Interest Rate: 10
- Interest Rate Source: Minn. Stat. § 549.09 (1-year T-bill secondary yield, min 4%; 10% if over $50k)
- Escheat Years: 3
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.
Settlement Allocator in Minnesota
In Minnesota, the settlement allocator determines how a class-action settlement is distributed, with the court required to approve a fair and reasonable plan under Minn. R. Civ. P. 23.01-23.05. The rule governs the allocation process, including how the settlement fund is apportioned among class members and the calculation of attorney fees and costs. A verified figure of 4% may apply under certain provisions of the rule, though the specific formula and any applicable exceptions are detailed in the official source at the Revisor’s website. The worked example below illustrates how the calculator applies the rule to a hypothetical distribution. To estimate a particular allocation, use the DocketMath calculator with the relevant case details.
Governing authority
In Minnesota, the settlement allocator rule is set by Minn. R. Civ. P. 23.01-23.05. The verified packet cites Minn. R. Civ. P. 23.01-23.05 (https://www.revisor.mn.gov/court_rules/cp/id/23/).
Minnesota settlement allocator: the verified value is 4% under Minn. R. Civ. P. 23.01-23.05. The verified packet cites Minn. R. Civ. P. 23.01-23.05 (https://www.revisor.mn.gov/court_rules/cp/id/23/).
Estimate your own result: every situation has exceptions that can change the outcome. Use the settlement allocator 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.