Nev. Rev. Stat. § 147.220

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1
Section 147.220 - Interest on claims

All claims paid bear interest from date of filing 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 filing, plus 2 percent, unless a different rate is applicable by contract or otherwise. The rate of interest must be adjusted accordingly on each January 1 and July 1 thereafter until the amount of the claim is paid.

NRS 147.220

[Part 120:107:1941; 1931 NCL § 9882.120]-(NRS A 1977, 296; 1979, 830; 1981, 1859; 1987, 941; 1999, 2314)
[Part 120:107:1941; 1931 NCL § 9882.120 ] - (NRS A 1977, 296; 1979, 830; 1981, 1859; 1987, 941; 1999, 2314)