Interest Rate Set Pursuant To Section 55.03, Florida Statues

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    DEPARTMENT OF FINANCIAL SERVICES
    Division of Accounting and Auditing

    Interest Rate Set Pursuant To Section 55.03, Florida Statues

    RULE NO.: RULE TITLE:
    69I-25.003: Requirements

    DEPARTMENT OF FINANCIAL SERVICES

    INTEREST RATE SET PURSUANT TO SECTION 55.03, FLORIDA STATUTES

    Chapter 2011-169, Laws of Florida, amended Section 55.03(1), Florida Statutes (F.S), to require the Chief Financial Officer to set the rate of interest that shall be payable on judgments and decrees on a quarterly basis rather than an annual basis. The interest rate for the quarter beginning April 1, 2013 has been set at 4.75 percent per annum or a daily rate of .0130137 percent (.000130137 expressed as a decimal).

    Current and historical interest rates are available on the following website: http://www.myfloridacfo.com/aadir/interest.htm. Please contact the Vendor Ombudsman Section at (850)413-5516 if you have any questions.

     

Document Information

Published Date:
03/01/2013
Type:
Proposed Rules
Agencies:
Department of Financial Services,Division of Accounting and Auditing
Action:
Misc
Related Rules:
69I-25.003. Requirements