Wednesday, October 2, 2013

Statutory Interest Rate in Florida: October 1, 2013 Adjustment

In May 2012, I told you about the new model for statutory or judgment interest in Florida here.  The October 1, 2013 adjustment is out, and it is basically a non-adjustment.

Judgment interest remains 4.75% per year, with a daily percentage rate of .0130137%.  You can see the adjustments, starting with the first one under the new law in July 2012 at MyFloridaCFO.

Julie






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