§ StatuteRates

North Dakota prejudgment interest rate

United States  North Dakota’s prejudgment interest rate — when a court awards it.

Current rate
6% per year — statutory prejudgment reference (source checked July 9, 2026)
Fixed by statute Fixed by statute

2026 North Dakota prejudgment interest at a glance

Current rate
6% per year
Effective date
July 9, 2026
Controlling authority
N.D.C.C. § 32-03-04
Rate basis
Fixed by statute
Source checked
July 9, 2026
Recorded history
1 data point

North Dakota prejudgment interest is 6% per year, as simple interest under N.D.C.C. § 32-03-04. Two distinct tracks.

When North Dakota prejudgment interest applies

Two distinct tracks. (1) MANDATORY prejudgment interest as of right under § 32-03-04 ONLY for damages that are "certain or capable of being made certain by calculation" and where the right to recover is vested on a "particular day" — i.e., liquidated / readily ascertainable claims (typically contract debts and sums calculable by fixed standards). Recovery of prejudgment interest is precluded on unliquidated damages that are not ascertainable by calculation.

When it starts accruing

Under § 32-03-04, interest accrues from the "particular day" the right to recover vested — i.e., the date the liquidated/ascertainable debt became due or the date of breach for contract claims.

Simple or compound

Simple. The 6% legal rate under § 47-14-05 is simple interest; North Dakota law generally prohibits compounding of interest (see § 47-14-09, interest may not be compounded), and prejudgment interest is computed as simple interest.

Prejudgment interest under N.D.C.C. § 32-03-04 — 6% (simple interest). This is PREjudgment interest (accruing before entry of judgment) and is separate from North Dakota’s post-judgment rate; availability is limited by claim type (see the page). Verify against the statute text. Not legal advice.

Current recorded observation

One current observation is on record; this page does not claim complete historical coverage. All recorded observations are in the JSON API.
Effective dateRateBasis
July 9, 2026 6% Statute

Source & provenance

Observation recorded July 9, 2026 (00:00 UTC) from the cited source (North Dakota — ndlegis.gov):
https://ndlegis.gov/cencode/t32c03.pdf

Cite this page

StatuteRates. “North Dakota Prejudgment Interest Rate.” StatuteRates.com. Accessed today. https://statuterates.com/rates/north-dakota-prejudgment-rate/ Rate recorded under N.D.C.C. § 32-03-04, effective July 9, 2026.

Reference data only — not legal, tax, or financial advice. Always confirm the controlling value against the controlling official source and, where applicable, the governing statute or court before relying on it.