Title 05 · CRS Title 05

Legal rate of interest

Citation: C.R.S. § 5-12-101

Section: 5-12-101

5-12-101. Legal rate of interest. If there is no agreement or provision of law for a different rate, the interest on money shall be at the rate of eight percent per annum, compounded annually. Source: L. 71: R&RE, p. 852, � 1. C.R.S. 1963: � 73-12-101. L. 75: Entire section amended, p. 257, � 1, effective July 1. L. 79: Entire section amended, p. 315, � 1, effective June 20. Cross references: For interest on damages for personal injuries, see � 13-21-101.