{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/6.2-302.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/6.2-302.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/6.2-302.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/6.2-302.html"}],"law_id":70402,"edition_id":1,"section_id":70402,"structure_id":15947,"section_number":"6.2-302","catch_line":"Judgment rate of interest","history":"1987, cc. 622, 623, 630, \u00a7 6.1-330.54; 1991, c. 508; 2004, c. 646; 2005, c. 455; 2010, cc. 550, 794.","full_text":"A\n\nThe judgment rate of interest shall be an annual rate of six percent, except that a money judgment entered in an action arising from a contract shall carry interest at the rate lawfully charged on such contract, or at six percent annually, whichever is higher.B\n\nIf the contract or other instrument does not fix an interest rate, the court shall apply the judgment rate of six percent to calculate prejudgment interest pursuant to § 8.01-382 and to calculate post-judgment interest.C\n\nThe rate of interest for a judgment shall be the judgment rate of interest in effect at the time of entry of the judgment on any amounts for which judgment is entered and shall not be affected by any subsequent changes to the rate of interest stated in this section.","order_by":null,"text":{"0":{"id":254086,"text":"The judgment rate of interest shall be an annual rate of six percent, except that a money judgment entered in an action arising from a contract shall carry interest at the rate lawfully charged on such contract, or at six percent annually, whichever is higher.","type":"section","prefixes":["A"],"prefix":"A","entire_prefix":"A","prefix_anchor":"A","level":1,"next_prefix":"B"},"1":{"id":254087,"text":"If the contract or other instrument does not fix an interest rate, the court shall apply the judgment rate of six percent to calculate prejudgment interest pursuant to § 8.01-382 and to calculate post-judgment interest.","type":"section","prefixes":["B"],"prefix":"B","entire_prefix":"B","prefix_anchor":"B","level":1,"prior_prefix":"A","next_prefix":"C"},"2":{"id":254088,"text":"The rate of interest for a judgment shall be the judgment rate of interest in effect at the time of entry of the judgment on any amounts for which judgment is entered and shall not be affected by any subsequent changes to the rate of interest stated in this section.","type":"section","prefixes":["C"],"prefix":"C","entire_prefix":"C","prefix_anchor":"C","level":1,"prior_prefix":"B"}},"ancestry":[{"id":15947,"edition_id":1,"name":"Legal, Judgment, and Contract Rates of Interest","identifier":"2","label":"article","depth":4,"order_by":1,"parent_id":13814,"metadata":{},"date_created":"2026-06-26 04:02:32","date_modified":"2026-06-26 04:02:32","permalink":{"id":263341,"object_type":"structure","relational_id":15947,"identifier":"2","token":"6.2\/I\/3\/2","url":"\/6.2\/I\/3\/2\/","edition_id":1,"permalink":0,"preferred":1}},{"id":13814,"edition_id":1,"name":"Interest and Usury","identifier":"3","label":"chapter","depth":3,"order_by":1,"parent_id":12853,"metadata":{},"date_created":"2026-06-26 03:45:57","date_modified":"2026-06-26 03:45:57","permalink":{"id":263333,"object_type":"structure","relational_id":13814,"identifier":"3","token":"6.2\/I\/3","url":"\/6.2\/I\/3\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12853,"edition_id":1,"name":"General Provisions","identifier":"I","label":"subtitle","depth":2,"order_by":1,"parent_id":12852,"metadata":{},"date_created":"2026-06-26 03:43:56","date_modified":"2026-06-26 03:43:56","permalink":{"id":263251,"object_type":"structure","relational_id":12853,"identifier":"I","token":"6.2\/I","url":"\/6.2\/I\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12852,"edition_id":1,"name":"Financial Institutions and Services","identifier":"6.2","label":"title","depth":1,"order_by":1,"parent_id":null,"metadata":{},"date_created":"2026-06-26 03:43:56","date_modified":"2026-06-26 03:43:56","permalink":{"id":263249,"object_type":"structure","relational_id":12852,"identifier":"6.2","token":"6.2","url":"\/6.2\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":62070,"structure_id":15947,"section_number":"6.2-301","catch_line":"Legal rate of interest; when legal rate implied","url":"\/6.2-301\/","token":"6.2\/I\/3\/2\/6.2-301","metadata":false},{"id":70402,"structure_id":15947,"section_number":"6.2-302","catch_line":"Judgment rate of interest","url":"\/6.2-302\/","token":"6.2\/I\/3\/2\/6.2-302","metadata":false},{"id":63345,"structure_id":15947,"section_number":"6.2-303","catch_line":"Contracts for more than legal rate of interest","url":"\/6.2-303\/","token":"6.2\/I\/3\/2\/6.2-303","metadata":false}],"previous_section":{"id":62070,"structure_id":15947,"section_number":"6.2-301","catch_line":"Legal rate of interest; when legal rate implied","url":"\/6.2-301\/","token":"6.2\/I\/3\/2\/6.2-301","metadata":false},"next_section":{"id":63345,"structure_id":15947,"section_number":"6.2-303","catch_line":"Contracts for more than legal rate of interest","url":"\/6.2-303\/","token":"6.2\/I\/3\/2\/6.2-303","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/6.2-302\/","history_text":"

This law was first created in 1987. The record of its establishment is cataloged in chapters 622, 623, and 630 of that year\u2019s edition of \u201cActs of Assembly,\u201d the annual state publication listing all changes made to the Code of Virginia in that year. Unfortunately, the 1987 \u201cActs\u201d aren\u2019t available online. It has been modified 4 times. Those modifications are cataloged by \u201cThe Acts of Assembly,\u201d a state publication, by year and chapter. Those modifications that can be read on the General Assembly\u2019s website will be linked accordingly. Those modifications are as follows: in 1991, chapter 508; in 2004, chapter 646<\/a>; in 2005, chapter 455<\/a>; in 2010, chapters 550<\/a> and 794<\/a>.<\/p>","references":[{"id":85999,"section_number":"15.2-2605","catch_line":"Collection of rents and charges; liens on real estate; discharge and enforcement of liens","order_by":null,"url":"\/15.2-2605\/"},{"id":85689,"section_number":"19.2-305.4","catch_line":"When interest to be paid on award of restitution","order_by":null,"url":"\/19.2-305.4\/"},{"id":62533,"section_number":"19.2-353.5","catch_line":"Interest on fines and costs","order_by":null,"url":"\/19.2-353.5\/"},{"id":59860,"section_number":"2.2-4805","catch_line":"Interest, administrative charges and penalty fees","order_by":null,"url":"\/2.2-4805\/"},{"id":54223,"section_number":"20-60.3","catch_line":"Contents of support orders","order_by":null,"url":"\/20-60.3\/"},{"id":57756,"section_number":"20-78.2","catch_line":"Attorney fees and interest on support arrearage","order_by":null,"url":"\/20-78.2\/"},{"id":77693,"section_number":"29.1-532","catch_line":"Dams and fishways","order_by":null,"url":"\/29.1-532\/"},{"id":76816,"section_number":"32.1-137.010","catch_line":"Financial assistance; payment plans","order_by":null,"url":"\/32.1-137.010\/"},{"id":78625,"section_number":"32.1-313","catch_line":"Liability for excess benefits or payments obtained without intent to violate chapter","order_by":null,"url":"\/32.1-313\/"},{"id":73059,"section_number":"32.1-321.2","catch_line":"Liability for excess benefits or payments obtained without intent to violate this article; recovery of Medical Assistance erroneously paid","order_by":null,"url":"\/32.1-321.2\/"},{"id":58809,"section_number":"32.1-349","catch_line":"Liability for excess payments","order_by":null,"url":"\/32.1-349\/"},{"id":64716,"section_number":"40.1-28.7:1","catch_line":"Genetic testing or genetic characteristics as a condition of employment","order_by":null,"url":"\/40.1-28.7_1\/"},{"id":58076,"section_number":"50-73.82","catch_line":"Supplemental principles of law","order_by":null,"url":"\/50-73.82\/"},{"id":83998,"section_number":"6.2-1521","catch_line":"Post-judgment charges","order_by":null,"url":"\/6.2-1521\/"},{"id":86825,"section_number":"6.2-2216","catch_line":"Authorized fees and charges","order_by":null,"url":"\/6.2-2216\/"},{"id":62070,"section_number":"6.2-301","catch_line":"Legal rate of interest; when legal rate implied","order_by":null,"url":"\/6.2-301\/"},{"id":58002,"section_number":"63.2-1952","catch_line":"Interest on debts due","order_by":null,"url":"\/63.2-1952\/"},{"id":73961,"section_number":"65.2-308","catch_line":"Discharge of employee for exercising rights prohibited; civil action; relief","order_by":null,"url":"\/65.2-308\/"},{"id":71627,"section_number":"65.2-605.1","catch_line":"Prompt payment; limitation on claims","order_by":null,"url":"\/65.2-605.1\/"},{"id":73644,"section_number":"65.2-707","catch_line":"Interest on appealed award","order_by":null,"url":"\/65.2-707\/"},{"id":67202,"section_number":"65.2-713","catch_line":"Costs","order_by":null,"url":"\/65.2-713\/"},{"id":63842,"section_number":"8.01-382","catch_line":"Verdict, judgment or decree to fix period at which interest begins; final order; judgment or decree for interest","order_by":null,"url":"\/8.01-382\/"},{"id":62797,"section_number":"8.01-682","catch_line":"What damages awarded appellee","order_by":null,"url":"\/8.01-682\/"}],"refers_to":[{"id":63842,"section_number":"8.01-382","catch_line":"Verdict, judgment or decree to fix period at which interest begins; final order; judgment or decree for interest","order_by":null,"url":"\/8.01-382\/"}],"permalink":{"id":263347,"object_type":"law","relational_id":70402,"identifier":"6.2-302","token":"6.2\/I\/3\/2\/6.2-302","url":"\/6.2-302\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/6.2-302\/","token":"6.2\/I\/3\/2\/6.2-302","dublin_core":{"Title":"Judgment rate of interest","Type":"Text","Format":"text\/html","Identifier":"\u00a7 6.2-302","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

A.<\/span> The judgment<\/span> rate of interest shall be an annual rate of six percent, except that a money judgment<\/span> entered in an action arising from a contract<\/span> shall carry interest at the rate lawfully charged on such contract<\/span>, or at six percent annually, whichever is higher. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

B.<\/span> If the contract<\/span> or other instrument does not fix an interest rate, the court<\/span> shall apply the judgment<\/span> rate of six percent to calculate prejudgment interest pursuant to § 8.01-382<\/a> and to calculate post-judgment<\/span> interest. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

C.<\/span> The rate of interest for a judgment<\/span> shall be the judgment<\/span> rate of interest in effect at the time of entry of the judgment<\/span> on any amounts for which judgment<\/span> is entered and shall not be affected by any subsequent changes to the rate of interest stated in this section. <\/i><\/a><\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nJUDGMENT RATE OF INTEREST (\u00a7 6.2-302)\n\nA. The judgment rate of interest shall be an annual rate of six percent, except\nthat a money judgment entered in an action arising from a contract shall carry\ninterest at the rate lawfully charged on such contract, or at six percent\nannually, whichever is higher.\n\nB. If the contract or other instrument does not fix an interest rate, the court\nshall apply the judgment rate of six percent to calculate prejudgment interest\npursuant to § 8.01-382 and to calculate post-judgment interest.\n\nC. The rate of interest for a judgment shall be the judgment rate of interest in\neffect at the time of entry of the judgment on any amounts for which judgment is\nentered and shall not be affected by any subsequent changes to the rate of\ninterest stated in this section.\n\nHISTORY: 1987, cc. 622, 623, 630, \u00a7 6.1-330.54; 1991, c. 508; 2004, c. 646;\n2005, c. 455; 2010, cc. 550, 794.","edition":{"id":1,"name":"2025","slug":"2025","date_created":"2026-06-21 22:39:22","date_modified":"2026-06-21 22:39:22","current":1,"order_by":1,"last_import":null}}