Louisiana OFI Commissioner Sets Annual Judicial Interest Rates

La. R.S. 13:4202(B), as enacted by Acts 2001, No. 841, charges the Commissioner of Financial Institutions with the responsibility of determining the judicial interest rate as of October 1 of each year in accordance with the formula set out in that statute. The above calculations of the Judicial Interest Rates are required to be published in the December issues of the Louisiana Register, the December issues of The Louisiana Bar Journal , and seven daily newspapers in Louisiana. (225) 922-2592 (Fax-Legal)