North Dakota Late Fee Calculator

Work out interest on an overdue B2B invoice under North Dakota law. The legal default rate — what applies when the contract is silent — is 6%, and the statute is quoted verbatim below. All math runs locally in your browser.

6% legal default rate (contract silent)
Max written B2B rate
Floating cap: 6-month T-bill average +5.5 pts, published monthly by the banking commissioner (August 2026: 9.154%; floor 7%); most genuine business transactions are exempt.
Cap regime
Conditional cap — ~9% floating (non-entity, $35k or less)
Statute
N.D.C.C. 47-14-05, 47-14-09
Verified
how we verify · changelog

Legal rate for any legal indebtedness unless a different written rate (continues after maturity).

Pre-filled with North Dakota's statutory default (6%) — the rate that applies when no rate was agreed. If your contract states a different rate, enter that instead.

What North Dakota law actually says

Interest for any legal indebtedness must be at the rate of six percent per annum unless a different rate not to exceed the rate specified in section 47-14-09 is contracted for in writing. Unless otherwise agreed by the parties in writing, all contracts must bear the same rate of interest after maturity as they bear before maturity.
— N.D.C.C. § 47-14-05 (Legal rate of interest - Interest after maturity). Read it at the official source · row verified 2026-08-19.

Quoted verbatim from the linked official source — not our paraphrase. How we source and re-check every row is documented in the data methodology.

Maximum late fee in North Dakota — written B2B contracts

Conditional cap ~9% floating (non-entity, $35k or less).

Loans to a corp/LLC/partnership, and any deal over $35,000, are exempt. A sub-$35k debt owed by a sole prop stays under the floating cap (T-bill+5.5%, 7% floor; ~9% mid-2026).

Basis: N.D.C.C. § 47-14-09. Compare all 51 jurisdictions on the full state table and the cap-regime map.

B2B invoices only — not rent, not consumer debt

Everything on this page is about business-to-business invoices. Residential rent late fees live in North Dakota's landlord-tenant law and consumer credit has separate, stricter rules — two different bodies of law. The distinction is explained in B2B invoice late fees vs. residential rent.

Use this data

North Dakota's row — rate, cap, citation, verbatim quote, verification date — is part of our open 51-jurisdiction dataset: CSV · JSON (CC BY 4.0, cite myinvoicetemplate.com). Set late-fee terms on your next invoice with the free invoice generator, or state them clearly using the wording guidance in the payment terms guide.

North Dakota late fee FAQ

Can I charge late fees on overdue invoices in North Dakota?

Yes — on business-to-business invoices. If your contract or invoice states a late-fee rate, that rate governs (subject to the cap rules below). If nothing was agreed: 6%. Legal rate for any legal indebtedness unless a different written rate (continues after maturity). Statute: N.D.C.C. 47-14-05, 47-14-09, verified 2026-08-19. Consumer and rent debts follow separate laws.

What is the maximum late fee I can charge in North Dakota?

For a written B2B contract: Floating cap: 6-month T-bill average +5.5 pts, published monthly by the banking commissioner (August 2026: 9.154%; floor 7%); most genuine business transactions are exempt. Basis: N.D.C.C. § 47-14-09. The full cap analysis is in the section above; this covers business-to-business deals only — consumer credit has stricter separate caps.

What interest applies if my contract doesn't mention late fees in North Dakota?

The statutory default rate of 6%. Legal rate for any legal indebtedness unless a different written rate (continues after maturity). Statute: N.D.C.C. 47-14-05, 47-14-09 (verbatim quote on this page, verified 2026-08-19).

Does this cover rent, apartment, or consumer late fees in North Dakota?

No. This page covers business-to-business invoices only. Residential rent late fees are governed by North Dakota's landlord-tenant law, and consumer credit for personal, family, or household purposes has its own stricter caps and disclosure rules. Those are different statutes than the commercial-interest law cited here.

Where does this data come from, and when was it verified?

Every figure on this page comes from our 51-jurisdiction dataset: each row researched against the controlling statute or the state's official current-rate page, independently re-checked, and stamped with its own verification date — North Dakota's row was last verified 2026-08-19. The operative legal text is quoted verbatim on this page with a link to the official source, the methodology is public, every verification pass is logged in the changelog, and the full dataset is downloadable (CC BY 4.0).