2021 Indiana Code
Title 34. Civil Law and Procedure
Article 54. Judgments
Chapter 8. Interest on Judgments
34-54-8-5. Interest on Final Judgments

Universal Citation: IN Code § 34-54-8-5 (2021)

Sec. 5. (a) This section applies to actions or proceedings in which:

(1) the state, a board, a commission, an agency, or an official is authorized by law to sue or be sued; and

(2) a money judgment is authorized by law to be entered and to be paid out of state funds in the custody of the state or in the custody of the board, commission, agency, or official.

(b) Interest attaches to a final judgment entered in an action or proceeding described in subsection (a):

(1) at the annual rate of six percent (6%); and

(2) beginning with the forty-fifth day after the rendition of the judgment.

[Pre-1998 Recodification Citation: 34-2-22-1 part.]

As added by P.L.1-1998, SEC.50.

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