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Judgments & Arbitration Awards

M.S. 549.09 directs the State Court Administrator to determine the annual interest rate applicable to certain state court judgments, verdicts, and arbitration awards.

For judgments and awards governed by section 549.091 the annual interest rate for calendar year 2016 shall be 4%, provided that for judgments exceeding $50,000 that are finally entered on or after August 1, 2009, except a judgment or award for or against the state or a political subdivision of the state entered on or after April 16, 2010, the interest rate shall be 10% per year until paid.2 M.S. 548.091, subd. 1a, provides that the interest rate applicable to child support judgments shall be the rate provided in M.S. 549.09, subject to a 18% maximum rate. 

The following lists the judgment rates in effect for state courts for the periods noted:

Year Note C Note D
2017 4.00% 4.00%
2016 4.00% 4.00%
2015 4.00% 4.00%
2014 4.00% 4.00%
2013 4.00% 4.00%
2012 4.00% 4.00%
2011 4.00% 4.00%
2010 4.00% 4.00%
2009 4.00% 4.00%
2008 4.00% 4.00%
2007 5.00% 7.00%
2006 4.00% 6.00%
2005 4.00% 6.00%
2004 4.00% 6.00%
2003 4.00% 6.00%
2002 2.00% 4.00%
2001 6.00% 8.00%
2000 5.00% 7.00%
1999 4.00% 6.00%
1998 5.00% 7.00%
1997 5.00% 7.00%
1996 5.00% 7.00%
1995 6.00% 8.00%
1994 3.00% 5.00%
1993 4.00% 6.00%


Note C: Minnesota Statute §549.09 directs the State Court administrator to determine the annual interest rate applicable to certain state court judgments, verdicts and arbitration awards.

Note D: This is the court ordered rate that applies to unpaid child support, as defined in Minnesota Statute §548.091 Subd. 1a.

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