In all cases where interest shall accrue without a special contract for the rate thereof, the rate is the rate provided for in s. 55.03.
Fla. Stat. § 687.01
Rate of interest in absence of contract
Applied in 18 court decisions — leading case 247 So. 2d 304 - Nohrr v. Brevard County Educational Fac. Auth. (1971)
Most recently applied in 89 F. Supp. 3d 1294 - American Home Assurance Co. v. Weaver Aggregate Transport, Inc. (February 2015)
History.--s. 1, ch. 1483, 1866; ss. 1, 2, ch. 1562, 1866; RS 2320; GS 3103; RGS 4849; CGL 6936; s. 1, ch. 22745, 1945; s. 1, ch. 82-42; s. 10, ch. 94-239.
How often courts cite this section
Court decisions citing this, by year. The dip in the last several years is a data-coverage gap, not a real trend — our corpus holds fewer opinions from the most recent years, so recent citations are undercounted.
Official source: Online Sunshine (Florida Legislature). Reproduced from public-domain Florida statutes; confirm against the official source for the current text. Not legal advice.