Florida Bar Article: Judgments and decrees interest rate set at 4.75%

The Office of the Chief Financial Officer has set the quarterly rate of interest payable on judgments and decrees beginning July 1 at 4.75 percent per annum or .000129781 per day.

F.S. §55.03(1) requires the CFO to set the rate of interest payable on judgments and decrees on December 1, March 1, June 1, and September 1 of each year for the following applicable quarter. Last quarter the interest rate was also 4.75 percent.

For more information, contact the Bureau of Accounting at (850) 413-5511 or visit www.myfloridacfo.com/aadir/interest.htm.

You can view the original article here: http://www.floridabar.org/DIVCOM/JN/jnnews01.nsf/cb53c80c8fabd49d85256b5900678f6c/751defa1bde1b46085257a13004564d2!OpenDocument&Highlight=0,interest*