Legal Interest Rate
As a result of Senate Bill 45, the Nevada State Legislature has revised NRS 17.130, NRS 37.175, NRS 99.040, NRS 108.237, NRS 147.220, NRS 233.170 and NRS 645.847 to read:
"When no rate of interest is provided by contract, or otherwise by law, or specified in the judgment, the judgment draws interest at a rate equal to the prime rate at the largest bank in Nevada as ascertained by the commissioner of financial institutions on January 1 or July 1, as the case may be, immediately preceding the date of judgment, plus 2 percent. The rate must be adjusted accordingly on each January 1 and July 1 thereafter until the judgment is satisfied."
On September 25, 1987, the judges voted to have this rate established by the Court Administrator in accordance with Senate Bill 45. Accordingly, I hereby establish the following.
1. If a rate of interest is stated in the judgment, that rate shall take precedence.
2. If no rate of interest is stated in actions filed on and after July 1, 2024, add 10.5% (prime rate 8.5% plus 2%).
3. This rate of interest shall be adjusted again on December 31, 2024.
| Begin Date | End Date | Interest Rate |
|---|---|---|
| July 1, 2024 | December 31, 2024 | 10.5 |
| January 1, 2024 | June 30, 2024 | 10.5 |
| July 1, 2023 | December 31, 2023 | 10.25 |
| January 1, 2023 | June 30, 2023 | 9.5 |
| July 1, 2022 | December 31, 2022 | 6.75 |
| January 1, 2022 | June 30, 2022 | 5.25 |
| July 1, 2021 | December 31, 2021 | 5.25 |
| January 1, 2021 | June 30, 2021 | 5.25 |
| July 1, 2020 | December 31, 2020 | 5.25 |
| January 1, 2020 | June 30, 2020 | 6.75 |
| July 1, 2019 | December 31, 2019 | 7.5 |
| January 1, 2019 | June 30, 2019 | 7.5 |
| July 1, 2018 | December 31, 2018 | 7 |
| January 1, 2018 | June 30, 2018 | 6.5 |
| July 1, 2017 | December 31, 2017 | 6.25 |
| January 1, 2017 | June 30, 2017 | 5.75 |
| July 1, 2016 | December 31, 2016 | 5.5 |
| January 1, 2016 | June 30, 2016 | 5.5 |
| July1,2015 | December 31, 2015 | 5.25 |
| January 1, 2015 | June 30, 2015 | 5.25 |
| July 1, 2014 | December 31, 2014 | 5.25 |
| January 1, 2014 | June 30, 2014 | 5.25 |
| July 1,2013 | December 31, 2013 | 5.25 |
| January 1, 2013 | June 30, 2013 | 5.25 |
| July 1,2012 | December 31, 2012 | 5.25 |
| January 1, 2012 | June 30, 2012 | 5.25 |
| July1,2011 | December 31, 2011 | 5.25 |
| January 1, 2011 | June 30, 2011 | 5.25 |
| July1,2010 | December 31, 2010 | 5.25 |
| January 1, 2010 | June 30, 2010 | 5.25 |
| July 1, 2009 | December 31 , 2009 | 5.25 |
| January 1, 2009 | June 30, 2009 | 5.25 |
| July 1, 2008 | December 31, 2008 | 7 |
| January 1, 2008 | June 30, 2008 | 9.25 |
| July 1, 2007 | December 31 , 2007 | 10.25 |
| January 1, 2007 | June 30, 2007 | 10.25 |
| July 1, 2006 | December 31 , 2006 | 10.25 |
| January 1, 2006 | June 30, 2006 | 9.2 |
| July 1, 2005 | December 31, 2005 | 8.25 |
| January 1, 2005 | June 30, 2005 | 7.25 |
| July 1, 2004 | December 31 , 2004 | 6.25 |
| January 1, 2004 | June 30, 2004 | 6 |
| July 1, 2003 | December 31 , 2003 | 6 |
| January 1, 2003 | June 30, 2003 | 6.25 |
| July 1, 2002 | December 31, 2002 | 6.75 |
| January 1, 2002 | June 30, 2002 | 6.75 |
| July 1, 2001 | December 31, 2001 | 8.75 |
| January 1, 2001 | June 30, 2001 | 11.5 |
| July 1, 2000 | December 31, 2001 | 11.5 |
| January 1, 2000 | June 30, 2000 | 10.5 |
| July 1, 1999 | December 31 , 1999 | 10 |
| January 1, 1999 | June 30, 1999 | 9.75 |
| July 1, 1998 | December 31 , 1998 | 10.5 |
| January 1, 1998 | June 30, 1998 | 10.5 |
| July 1, 1997 | December 31, 1997 | 10.5 |
| January 1, 1997 | June 30, 1997 | 10.25 |
| July 1, 1996 | December 31 , 1996 | 10.5 |
| January 1, 1996 | June 30, 1996 | 10.5 |
| July 1, 1995 | December 31 , 1995 | 11 |
| January 1, 1995 | June 30, 1995 | 10.5 |
| July 1, 1994 | December 31, 1994 | 9.25 |
| January 1, 1994 | June 30, 1994 | 8 |
| July 1, 1993 | December 31 , 1993 | 8 |