Wednesday, December 30, 2009
2010 Statutory Interest Rate Set
Florida's Chief Financial Officer, Alex Sink, has announced that effective January 1, 2010, the interest rate for judgments and decrees, pursuant to sec. 55.03, Florida Statutes, shall be six percent (6%), down from the 2009 rate (8%). It's easy to forget what the judgment rates were for years past, but the CFO's website has a listing of historical rates from 1995 forward (from 1981 through 1994, the rate was 12%).
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