535.3 - INTEREST ON JUDGMENTS AND DECREES.
535.3 INTEREST ON JUDGMENTS AND DECREES. 1. Interest shall be allowed on all money due on judgments and decrees of courts at a rate calculated according to section 668.13, except for interest due pursuant to section 85.30 for which the rate shall be ten percent per year. 2. Interest on periodic payments for child, spousal, or medical support shall not accrue until thirty days after the payment becomes due and owing and shall accrue at a rate of ten percent per annum thereafter. Additionally, interest on these payments shall not accrue on amounts being paid through income withholding pursuant to chapter 252D for the time these payments are unpaid solely because the date on which the payor of income withholds income based upon the payor's regular pay cycle varies from the provisions of the support order.
Section History: Early Form [C51, § 946; R60, § 1789; C73, § 2078; C97, § 3039; C24, 27, 31, 35, 39, § 9405; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, S79, C81, § 535.3]
Section History: Recent Form 87 Acts, ch 157, §1; 96 Acts, ch 1141, § 33; 97 Acts, ch 175, § 232; 97 Acts, ch 197, § 2--4, 16 Referred to in § 85.22, 85.30, 85.47, 85.48, 87.11, 97A.14A, 97B.50A, 249A.5, 249B.6, 252C.6, 411.22, 445.3, 486A.104, 488.107, 502.102, 515B.5, 535.11, 657A.3, 657A.6, 715B.4