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North Dakota · Through 2026-07-31T11:12:02 · Newer source version available

N.D. Cent. Code § 13-01.1-02: When interest payment required

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Where this section sits in the code
  1. Title 13 Debtor And Creditor Relationship
  2. Chapter 13-01.1 Interest On Delinquent Accounts

Interest must accrue and be made on payments overdue under section 13-01.1-01 at the rate of one and three-fourths percent per month, unless a different rate is specified within the contract upon which the claim is based. Interest must accrue beginning on the day after payment is due, if payment due date is specified by contract, or on the day of receipt of the invoice covering the delivered goods or services, if payment is not made within forty-five days. Interest ceases to accrue on the date payment is made.

Collected 2026-09-02T21:04:14Z. Source file · JSON

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