Settlement Allocator in North Dakota
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 Dakota settlement-allocator: interest rate source is N.D. Cent. Code § 28-20-34 (prime + 3%, reset annually by State Court Administrator); escheat years is 3.
Run the allocationAuthority and key facts
- Interest Rate Source: N.D. Cent. Code § 28-20-34 (prime + 3%, reset annually by State Court Administrator)
- Escheat Years: 3
- Notice Standard: best_practicable
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 Dakota
In North Dakota, a settlement allocator is governed by N.D. R. Civ. P. 23, which applies to class action settlements requiring court approval of how proceeds are distributed among class members. The rule establishes the legal framework for allocating settlement funds, including a verified 28% figure that may apply to attorney fees or administrative costs as part of the allocation process. The rule sets out factors and provides exceptions that guide the court’s determination of a fair distribution. The official source contains the exact details of these requirements. The worked example below illustrates how the calculation operates. Readers can use the calculator to estimate their own specific result based on their unique circumstances.
Governing authority
In North Dakota, the settlement allocator rule is set by N.D. R. Civ. P. 23. The verified packet cites N.D. R. Civ. P. 23 (https://www.ndcourts.gov/legal-resources/rules/ndrcivp/23).
North Dakota settlement allocator: the verified value is 28% under N.D. R. Civ. P. 23. The verified packet cites N.D. R. Civ. P. 23 (https://www.ndcourts.gov/legal-resources/rules/ndrcivp/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.