Winter 2019 Gavel Gavel Winter 2019 - Page 29

Administrator Sets 2019 Judgment Interest Rate The North Dakota State Court Administrator has set the judgment interest rate for 2019 at 8.5 percent. The administrator is required by law to annually determine the judgment interest rate prior to December 20. The rate will be applied to all judgments entered in 2019. The judgment interest rate is calculated by using the prime rate as reported on the first Monday in December, plus three percentage points. The result must be rounded up to the next one-half percentage point. The prime rate on December 3 was 5.25 percent. Application of the judgment rate formula yielded the 2019 judgment interest rate of 8.5 percent. w CALL FOR RESOLUTIONS Pursuant to section 12, By-Laws of SBAND, any substantive resolution proposed for consideration by any member of the association shall be filed with the executive director of SBAND at least 30 days prior to the date of the meeting at which the resolution is to be considered. The annual meeting of this association commences June 12, 2019. The board of governors, in order to facilitate mailing and publication to the membership, hereby calls for and requests all proposed resolutions be delivered (and if mailed, to be postmarked) to SBAND no later than May 13. NOTICE OF OPEN POSITION FOR PRESIDENT-ELECT The position of president-elect of SBAND is to be voted on at the general assembly meeting on June 14 in Fargo. The constitution requires nomination by a petition signed by at least five other members of the association and received by the association at least 50 days before the general assembly meeting. In the event of a contested election, absentee ballots will be provided pursuant to article 4.7 of the constitution. Any member interested in the nomination process is encouraged to consult article 4.7 of the constitution or contact the executive director of SBAND. NOTICE OF OPEN POSITION FOR SECRETARY-TREASURER The position of SBAND secretary-treasurer is to be voted on at the general assembly meeting on June 14 in Fargo. The constitution requires nomination by a petition signed by at least five members of the association and received by the association at least 50 days before the general assembly meeting. Welcome Alyssa Lovas Welcome Grant T. Bakke • Alyssa graduated the UND School of Law with distinction in May of 2017. • Since joining Zuger Kirmis & Smith, Alyssa has primarily been practicing in family law with an emphasis in divorce and custody litigation. • She is also the Treasurer/Secretary for Family Law Section of the State Bar Association. • Alyssa is currently accepting new cases and referrals. Grant T. Bakke was admitted to the Illinois Bar and the North Dakota Bar in 2018. Grant obtained his Juris Doctor in May 2018 from the University of North Dakota School of Law and obtained a Master of Business Administration May 2018 from the University of North Dakota College of Business & Public Administration. While in law school, Grant was an associate editor of the North Dakota Law Review. His Case Comment was published in the North Dakota review. www.bgwattorneys.com 701-751-8188 WINTER 2019 29