Tuesday, February 21, 2017

SB 293


LC1171
Cary Smith


Revise interest payments in civil cases

3 comments:

  1. MACDC opposes SB0293. The change in section 1 makes it extremely difficult for the clerk to enter and docket a judgment. Bank prime rates are a moving target. It is also unclear if interest is calculated from the date the judgment is files and remains at the prime rate in effect as of that date or if interest awards recalculate each time the prime rate changes. As clerks, we would no longer be comfortable entering default judgments but would defer to the District Court judges to review and enter.

    ReplyDelete
  2. To be sent today at noon:

    Senators,
    Missoula County opposes SB 293 – Revise interest payments in civil cases, being heard on the Senate floor this afternoon. The change in Section I makes it extremely difficult for the clerk to enter and docket a judgment. Bank prime rates are a moving target. It is also unclear if interest is calculated from the date the judgment is files and remains at the prime rate in effect as of that date or if interest awards recalculate each time the prime rate changes.
    Please oppose SB 293.

    ReplyDelete
  3. SB 293 has been amended and MACDC no longer has concerns relative to the duties of the Clerks of District Court.

    ReplyDelete

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