Maine Revised Statutes

Me. Rev. Stat. tit. 14, § 1602-C (2026)

Interest after judgment

✓ current as of May 2026

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1. Rate. In all civil and small claims actions, post-judgment interest is allowed at a rate equal to:

A. In actions involving a contract or note that contains a provision relating to interest, the rate set forth in the contract or note or the rate in paragraph B, whichever is greater; and [PL 2003, c. 460, §6 (NEW).]

B. In all other actions, the one-year United States Treasury bill rate plus 6%.

(1) For purposes of this paragraph, "one-year United States Treasury bill rate" means the weekly average one-year constant maturity Treasury yield, as published by the Board of Governors of the Federal Reserve System, for the last full week of the calendar year immediately prior to the year in which post-judgment interest begins to accrue.

(2) If the Board of Governors of the Federal Reserve System ceases to publish the weekly average one-year constant maturity Treasury yield or it is otherwise unavailable, then the Supreme Judicial Court shall annually establish by rule a rate that most closely approximates the rate established in this paragraph. [PL 2003, c. 460, §6 (NEW).]

The applicable post-judgment interest rate must be stated in the judgment, except for judgments in small claims actions.

[PL 2003, c. 460, §6 (NEW).]

2. Accrual; suspension; waiver. Post-judgment interest accrues from and after the date of entry of judgment and includes the period of any appeal. In actions involving a contract or note that contains a provision relating to interest, the rate of interest is fixed as of the date of judgment. If the prevailing party at any time requests and obtains a continuance for a period in excess of 30 days, interest is suspended for the duration of the continuance. On petition of the nonprevailing party and on a showing of good cause, the trial court may order that interest awarded by this section be fully or partially waived.

[PL 2003, c. 460, §6 (NEW).]

SECTION HISTORY

PL 2003, c. 460, §6 (NEW).

Notes of Decisions

Cited in 27 cases (3 in the last 5 years), 2005–2024 · leading case: Brown v. Habrle, 2010 ME 72 (Me. 2010).

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Brown v. Habrle, 2010 ME 72 (Me. 2010). · cites it 12× “§ 1602-B (2009), may not be awarded incident to a marital property division in a divorce action; but (2) post-judgment interest, pursuant to 14 M.R.S. § 1602-C (2009), may be awarded from the date a party becomes obligated to make a payment of money by a final judgment in a…”

Walsh v. Cusack, 2008 ME 74 (Me. 2008). · cites it 8× “14 M.R.S. § 1602-C (2007) (emphasis added).”

Burke v. Groover, Christie & Merritt, P.C., 26 A.3d 292 (D.C. 2011). “§ 7-4-12(a) (2003) (referring to prime rate publish *301 ed "on the day the judgment is entered”); Me.Rev.Stat. tit. 14 § 1602-C (1) (2009) (requiring that "applicable post-judgment interest rate must be stated in the judgment” and defining the variable rate underlying…”

Lawrence S. Ireland v. Brooke (Ireland) Tardiff, 2014 ME 153 (Me. 2014). “See 14 M.R.S. § 1602-C(1)(B) (2014); 19-A M.R.”

Profit Recovery Grp., USA, Inc. v. Comm'r, Dep't of Admin. & Fin. Servs., 871 A.2d 1237 (Me. 2005). “460, §§ 4, 6 (effective July 1, 2003) (codified at 14 M.R.S.A. § 1602-B (Supp.”

Saf. Ins. Grp. v. Gawayne Dawson, 2015 ME 64 (Me. 2015). · cites it 2× “54(b)(1); see also 14 M.R.S. § 1602-C(1) (2014) (providing that “[t]he applicable post-judgment interest rate must be stated in the judgment, except for judgments in small claims actions”).”

Ronald White v. Real Deal Auto Sales & Serv. Ctr., LLC, 2024 ME 18 (Me. 2024). “§ 7487 (2023), which “accrues from and after the date of entry of judgment and includes the period of any appeal,” 14 M.R.S. § 1602-C(2) (2023). 10 Ronald White, appellant pro se Karen White, appellant pro se Mitchel J.”

Tucker J. Cianchette v. Peggy A. Cianchette, 2020 ME 101 (Me. 2020). · cites it 5× “Title 14 M.R.S. § 1602-C(1) (2020) provides for post-judgment interest as a matter of right in “all civil and small claims actions.”

Dawson v. Flynn (Me. Super. Ct 2021). · cites it 2× “Judgment in favor of Plaintiff Alan Dawson in the amount of $8,700.00 against Defendants jointly and severally, plus costs and post-judgment interest at the statutory rate of 6.”

Prgu v. Com'r, Dafs, 2005 ME 58 (Me. 2005). “460, §§ 4, 6 (effective July 1, 2003) (codified at 14 M.”

U.S. Bank Trust v. Bouras (Me. Super. Ct 2016). “99% and post-judgment interest at the statutory rate pursuant to 14 M.R.S. § 1602-C. b. Second to Defendant, if there are any surplus funds remaining.”

Fed. Nat'l Mortg. Ass'n v. The Clifton P. Hamm Revocable Living Trust (Me. Super. Ct 2017). “Plaintiff has foregone any right to any higher rate that may be allowable under 14 M.R.S. § 1602-C. Additional attorney's fees, real estate · taxes, costs and amounts advanced to protect the security of Plaintiffs mortgage may continue to accrue through the date of r~demption or…”

Show all 27 citing cases →

— Me. Rev. Stat. tit. 14, § 1602-C(1) — 3 cases

Brown v. Habrle, 2010 ME 72 (Me. 2010). “§ 1602-B (2009), may not be awarded incident to a marital property division in a divorce action; but (2) post-judgment interest, pursuant to 14 M.R.S. § 1602-C (2009), may be awarded from the date a party becomes obligated to make a payment of money by a final judgment in a…”

Saf. Ins. Grp. v. Gawayne Dawson, 2015 ME 64 (Me. 2015). “54(b)(1); see also 14 M.R.S. § 1602-C(1) (2014) (providing that “[t]he applicable post-judgment interest rate must be stated in the judgment, except for judgments in small claims actions”).”

Tucker J. Cianchette v. Peggy A. Cianchette, 2020 ME 101 (Me. 2020). “Title 14 M.R.S. § 1602-C(1) (2020) provides for post-judgment interest as a matter of right in “all civil and small claims actions.”

— Me. Rev. Stat. tit. 14, § 1602-C(1)(B) — 3 cases

Walsh v. Cusack, 2008 ME 74 (Me. 2008). “14 M.R.S. § 1602-C (2007) (emphasis added).”

Lawrence S. Ireland v. Brooke (Ireland) Tardiff, 2014 ME 153 (Me. 2014). “See 14 M.R.S. § 1602-C(1)(B) (2014); 19-A M.R.”

Saf. Ins. Grp. v. Gawayne Dawson, 2015 ME 64 (Me. 2015). “54(b)(1); see also 14 M.R.S. § 1602-C(1) (2014) (providing that “[t]he applicable post-judgment interest rate must be stated in the judgment, except for judgments in small claims actions”).”

— Me. Rev. Stat. tit. 14, § 1602-C(1)(B)(1) — 1 case

Walsh v. Cusack, 2008 ME 74 (Me. 2008). “14 M.R.S. § 1602-C (2007) (emphasis added).”

— Me. Rev. Stat. tit. 14, § 1602-C(1)(B)(l) — 1 case

Weiss v. Thayer Corp. (Me. Super. Ct 2010).

— Me. Rev. Stat. tit. 14, § 1602-C(2) — 4 cases

Brown v. Habrle, 2010 ME 72 (Me. 2010). “§ 1602-B (2009), may not be awarded incident to a marital property division in a divorce action; but (2) post-judgment interest, pursuant to 14 M.R.S. § 1602-C (2009), may be awarded from the date a party becomes obligated to make a payment of money by a final judgment in a…”

Ronald White v. Real Deal Auto Sales & Serv. Ctr., LLC, 2024 ME 18 (Me. 2024). “§ 7487 (2023), which “accrues from and after the date of entry of judgment and includes the period of any appeal,” 14 M.R.S. § 1602-C(2) (2023). 10 Ronald White, appellant pro se Karen White, appellant pro se Mitchel J.”

Tucker J. Cianchette v. Peggy A. Cianchette, 2020 ME 101 (Me. 2020). “Title 14 M.R.S. § 1602-C(1) (2020) provides for post-judgment interest as a matter of right in “all civil and small claims actions.”

Cianchette v. Cianchette (Me. Super. Ct 2019).

— Me. Rev. Stat. tit. 14, § 1602-C(l) — 2 cases

United States v. Ledoux (Me. Super. Ct 2018).

Bangor Sav. Bank v. Jackson (Me. Super. Ct 2010).

— Me. Rev. Stat. tit. 14, § 1602-C(l)(A) — 2 cases

Fortney & Weygandt, Inc. v. Oakland DMEP IX, LLC (Me. Super. Ct 2020).

Houghton v. Koenke (Me. Super. Ct 2009).

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