{"data":{"id":"us-ok/okla.-stat.-tit.-12-12-727.1","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 12, § 12-727.1","heading":"Interest on judgments rendered on or after January 1,","body":"2005.\n\nPOSTJUDGMENT INTEREST\n\nA. 1. Except as otherwise provided by this section, all\n\njudgments of courts of record, including costs and attorney fees\n\nauthorized by statute or otherwise and allowed by the court, shall\n\nbear interest at a rate prescribed pursuant to this section.\n\n2. Costs and attorney fees allowed by the court shall bear\n\ninterest from the earlier of the date the judgment or order is\n\npronounced, if expressly stated in the written judgment or order\n\nawarding the costs and attorney fees, or the date the judgment or\n\norder is filed with the court clerk.\n\nB. Judgments, including costs and attorney fees authorized by\n\nstatute or otherwise and allowed by the court, against this state or\n\nits political subdivisions, including counties, municipalities,\n\nschool districts, and public trusts of which this state or a\n\npolitical subdivision of this state is a beneficiary, shall bear\n\ninterest during the term of judgment at a rate prescribed pursuant\n\nto this section from the date of rendition. No judgment against\n\nthis state or its political subdivisions, including counties,\n\nmunicipalities, school districts, and public trusts of which this\n\nstate or a political subdivision of this state is a beneficiary,\n\ninclusive of postjudgment interest, shall exceed the total amount of\n\nliability of the governmental entity pursuant to The Governmental\n\nTort Claims Act.\n\nC. The postjudgment interest authorized by subsection A or\n\nsubsection B of this section shall accrue from the earlier of the\n\ndate the judgment is rendered as expressly stated in the judgment,\n\nor the date the judgment is filed with the court clerk, and shall\n\ninitially accrue at the rate in effect for the calendar year during\n\nwhich the judgment is rendered until the end of the calendar year in\n\nwhich the judgment was rendered, or until the judgment is paid,\n\nwhichever first occurs. Beginning on January 1 of the next\n\nsucceeding calendar year until the end of that calendar year, or\n\nuntil the judgment is paid, whichever first occurs, the judgment,\n\ntogether with postjudgment interest previously accrued, shall bear\n\ninterest at the rate in effect for judgments rendered during that\n\ncalendar year as certified by the Administrative Director of the\n\nCourts pursuant to subsection I of this section. For each\n\nsucceeding calendar year, or part of a calendar year, during which a\n\njudgment remains unpaid, the judgment, together with postjudgment\n\ninterest previously accrued, shall bear interest at the rate in\n\neffect for judgments rendered during that calendar year as certified\n\nby the Administrative Director of the Courts pursuant to subsection\n\nI of this section. A separate computation using the interest rate\n\nin effect for judgments as provided by subsection I of this section\n\nshall be made for each calendar year, or part of a calendar year,\n\nduring which the judgment remains unpaid in order to determine the\n\ntotal amount of interest for which the judgment debtor is liable.\n\nThe postjudgment interest rate for each calendar year or part of a\n\ncalendar year a judgment remains unpaid shall be multiplied by the\n\noriginal amount of the judgment, including any prejudgment interest,\n\ntogether with postjudgment interest previously accrued. Interest\n\nshall accrue on a judgment in the manner prescribed by this\n\nsubsection until the judgment is satisfied or released.\n\nD. If a rate of interest is specified in a contract, the rate\n\nspecified shall apply and be stated in the journal entry of\n\njudgment. The rate of interest shall not exceed the lawful rate for\n\nthat obligation. Postjudgment interest shall be calculated at the\n\ncontractual rate and accrued in the same manner as prescribed in\n\nsubsection C of this section.\n\nPREJUDGMENT INTEREST\n\nE. Except as provided by subsection F of this section,\n\nbeginning November 1, 2009, if a verdict for damages by reason of\nn the journal entry of\n\njudgment. The rate of interest shall not exceed the lawful rate for\n\nthat obligation. Postjudgment interest shall be calculated at the\n\ncontractual rate and accrued in the same manner as prescribed in\n\nsubsection C of this section.\n\nPREJUDGMENT INTEREST\n\nE. Except as provided by subsection F of this section,\n\nbeginning November 1, 2009, if a verdict for damages by reason of\n\npersonal injuries or injury to personal rights including, but not\n\nlimited to, injury resulting from bodily restraint, personal insult,\n\ndefamation, invasion of privacy, injury to personal relations, or\n\ndetriment due to an act or omission of another is accepted by the\n\ntrial court, the court in rendering judgment shall add interest on\n\nthe verdict at a rate prescribed pursuant to subsection I of this\n\nsection from the date which is twenty-four (24) months after the\n\nsuit resulting in the judgment was commenced to the earlier of the\n\ndate the verdict is accepted by the trial court as expressly stated\n\nin the judgment, or the date the judgment is filed with the court\n\nclerk. No prejudgment interest shall begin to accrue until twenty-\n\nfour (24) months after the suit resulting in the judgment was\n\ncommenced. The interest rate for computation of prejudgment\n\ninterest shall begin with the rate prescribed by subsection I of\n\nthis section which is in effect for the calendar year which is\n\ntwenty-four (24) months after the suit resulting in the judgment was\n\ncommenced. This rate shall be in effect until the end of the\n\ncalendar year in which interest begins to accrue or until the date\n\njudgment is filed, whichever first occurs. Beginning on January 1\n\nof the next succeeding calendar year until the end of that calendar\n\nyear, or until the date the judgment is filed, whichever first\n\noccurs, and for each succeeding calendar year thereafter, the\n\nprejudgment interest rate shall be the rate in effect for judgments\n\nrendered during each calendar year as certified by the\n\nAdministrative Director of the Courts pursuant to subsection I of\n\nthis section. After the computation of all prejudgment interest has\n\nbeen completed, the total amount of prejudgment interest shall be\n\nadded to the amount of the judgment rendered pursuant to the trial\n\nof the action, and the total amount of the resulting judgment shall\n\nbecome the amount upon which postjudgment interest is computed\n\npursuant to subsection A of this section.\n\nF. If a verdict of the type described by subsection E of this\n\nsection is rendered against this state or its political\n\nsubdivisions, including counties, municipalities, school districts,\n\nand public trusts of which this state or a political subdivision of\n\nthis state is a beneficiary, the judgment shall bear interest at the\n\nrate prescribed pursuant to subsection I of this section from the\n\ndate the suit was commenced to the earlier of the date the verdict\n\nis accepted by the trial court as expressly stated in the judgment\n\nor the date the judgment is filed with the court clerk. The\n\ninterest rate for computation of prejudgment interest shall begin\n\nwith the rate prescribed by subsection I of this section which is in\n\neffect for the calendar year in which the suit resulting in the\n\njudgment is commenced. This rate shall be in effect until the end\n\nof the calendar year in which the suit resulting in judgment was\n\nfiled or until the date the judgment is rendered as expressly stated\n\nin the judgment, whichever first occurs. Beginning on January 1 of\n\nthe next succeeding calendar year until the end of that calendar\n\nyear, or until the date judgment is rendered, whichever first\n\noccurs, and for each succeeding calendar year thereafter, the\n\nprejudgment interest rate shall be the rate in effect for judgments\n\nrendered during each calendar year as certified by the\n\nAdministrative Director of the Courts pursuant to subsection I of\non January 1 of\n\nthe next succeeding calendar year until the end of that calendar\n\nyear, or until the date judgment is rendered, whichever first\n\noccurs, and for each succeeding calendar year thereafter, the\n\nprejudgment interest rate shall be the rate in effect for judgments\n\nrendered during each calendar year as certified by the\n\nAdministrative Director of the Courts pursuant to subsection I of\n\nthis section. After the computation of prejudgment interest has\n\nbeen completed, the amount shall be added to the amount of the\n\njudgment rendered pursuant to the trial of the action, and the total\n\namount of the resulting judgment shall become the amount upon which\n\npostjudgment interest is computed pursuant to subsection B of this\n\nsection. No award of prejudgment interest against this state or its\n\npolitical subdivisions, including counties, municipalities, school\n\ndistricts, and public trusts of which this state or a political\n\nsubdivision of this state is a beneficiary, including the amount of\n\nthe judgment awarded pursuant to trial of the action, shall exceed\n\nthe total amount of liability of the governmental entity pursuant to\n\nThe Governmental Tort Claims Act.\n\nG. If exemplary or punitive damages are awarded in an action\n\nfor personal injury or injury to personal rights including, but not\n\nlimited to, injury resulting from bodily restraint, personal insult,\n\ndefamation, invasion of privacy, injury to personal relations, or\n\ndetriment due to an act or omission of another, the interest on that\n\naward shall begin to accrue from the earlier of the date the\n\njudgment is rendered as expressly stated in the judgment, or the\n\ndate the judgment is filed with the court clerk.\n\nH. If a judgment is rendered establishing the existence of a\n\nlien against property and no rate of interest exists, the court\n\nshall allow prejudgment interest at a rate prescribed pursuant to\n\nsubsection I of this section from the date the lien is filed to the\n\ndate of verdict.\n\nI. For purposes of computing postjudgment interest as\n\nauthorized by this section, interest shall be the prime rate, as\n\nlisted in the first edition of the Wall Street Journal published for\n\neach calendar year and as certified to the Administrative Director\n\nof the Courts by the State Treasurer on the first regular business\n\nday following publication in January of each year, plus two percent\n\n(2%). For purposes of computing prejudgment interest as authorized\n\nby this section, interest shall be determined using a rate equal to\n\nthe average United States Treasury Bill rate of the preceding\n\ncalendar year as certified to the Administrative Director of the\n\nCourts by the State Treasurer on the first regular business day in\n\nJanuary of each year.\n\nJ. For purposes of computing postjudgment interest, the\n\nprovisions of this section shall be applicable to all judgments of\n\nthe district courts rendered on or after January 1, 2005. Effective\n\nJanuary 1, 2005, the method for computing postjudgment interest\n\nprescribed by this section shall be applicable to all judgments\n\nremaining unpaid rendered prior to January 1, 2005.\n\nK. For purposes of computing prejudgment interest, the\n\nprovisions of this section shall be applicable to all actions which\n\nare filed in the district courts on or after January 1, 2010, for\n\nwhich an award of prejudgment interest is authorized by the\n\nprovisions of this section.","path":["OK Code","Title 12"],"source_url":"https://www.oklegislature.gov/OK_Statutes/CompleteTitles/os12.pdf","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:36Z","sha256":"c04c61da757a07c5d7fc904f302d75a398a59c989c6b74c5a9a208d536496778","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-12-12-727","next":"us-ok/okla.-stat.-tit.-12-12-728"},"notice":"GroundRules: Original legal text. Not legal advice."}