Utah Prejudgment Interest Rate
United States Utah’s prejudgment interest rate — when a court awards it.
Set by statute Fixed by statute
Utah prejudgment interest is 10% per year, as simple interest under Utah Code Ann. 15-1-1(2). General/contract cases (Track A): Utah does NOT strictly require damages to be "liquidated," but prejudgment interest attaches ONLY where the loss is complete/fixed at a definite time and…
When Utah prejudgment interest applies
General/contract cases (Track A): Utah does NOT strictly require damages to be "liquidated," but prejudgment interest attaches ONLY where the loss is complete/fixed at a definite time and "measurable by facts and figures" (known standards of value). It is BARRED where damages are left to jury discretion, are general/non-economic, or depend on subjective estimation (e.g., pain and suffering, unascertainable damages) — the classic Utah rule that interest is denied where damages "are not complete" or cannot be…
When it starts accruing
Track A (general/contract): from the date the loss became fixed/complete and measurable (the date of the loss/breach), not the date of judgment. Track B (personal injury, 78B-5-824(5)): for special damages incurred in the year of the occurrence, from the date the first special damages were actually incurred; for…
Simple or compound
Simple. PI statute (78B-5-824(5)(a)) expressly requires simple interest; Utah prejudgment interest generally is computed as simple interest.
→ Compare with the Utah post-judgment interest rate (interest after judgment)
Prejudgment interest under Utah Code Ann. 15-1-1(2) — 10% (simple interest). This is PREjudgment interest (accruing before entry of judgment) and is separate from Utah’s post-judgment rate; availability is limited by claim type (see the page). Verify against the statute text. Not legal advice.
Effective-date history
| Effective date | Rate | Basis |
|---|---|---|
| July 9, 2026 | 10% | Statute |
Source & provenance
Latest value retrieved July 10, 2026 (02:55 UTC) from the official source:
https://le.utah.gov/xcode/Title15/Chapter1/15-1-S1.html