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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 01, 2017, the rate of interest shall be 6.25% (prime rate of 4.25%, plus 2%).

3. This rate of interest shall be adjusted again on January 1, 2018.

Begin Date End Date Interest Rate
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
July1,2013 December 31, 2013 5.25
January 1, 2013 June 30, 2013 5.25
July1,2012 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