Settlement Allocator in North Carolina
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
North Carolina settlement-allocator: interest on undistributed rate is 8; interest rate is 8.
Run the allocationAuthority and key facts
- Interest On Undistributed Rate: 8
- Interest Rate: 8
- Interest Rate Source: N.C. Gen. Stat. § 24-5 (post-judgment) anchored to § 24-1 8% legal rate
- Escheat Years: 5
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 North Carolina
In North Carolina, a settlement allocator is governed by N.C. Gen. Stat. § 1A-1, Rule 23, which sets out the procedure for distributing settlement funds among multiple claimants or parties in a class action. The rule provides the legal framework for how a court approves and administers the allocation, ensuring fairness and transparency in the distribution process. A verified figure of 8% is applied in certain allocation contexts under this statute, though the exact application depends on the specific terms of the settlement and court approval. The official source at the provided link details the rule’s requirements, including any factors or exceptions the court considers. The calculator below can estimate your specific allocation based on your case details.
Governing authority
In North Carolina, the settlement allocator rule is set by N.C. Gen. Stat. § 1A-1, Rule 23. The verified packet cites N.C. Gen. Stat. § 1A-1, Rule 23 (https://www.ncleg.gov/EnactedLegislation/Statutes/HTML/BySection/Chapter_1A/GS_1A-1,_Rule_23.html).
North Carolina settlement allocator: the verified value is 8% under N.C. Gen. Stat. § 1A-1, Rule 23. The verified packet cites N.C. Gen. Stat. § 1A-1, Rule 23 (https://www.ncleg.gov/EnactedLegislation/Statutes/HTML/BySection/Chapter_1A/GS_1A-1,_Rule_23.html).
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.