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
Copyright 2013 Julie Ann Sombathy All Rights Reserved
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Thanks for reading and commenting on my blog. I moderate all comments, so please be respectful of me and each other. My blog and none of the comments by me or others constitute legal advice or an attorney-client relationship. Regards, Julie