CHAPTER 8. INTEREST ON JUDGMENTS
IC 34-54-8
Chapter 8. Interest on Judgments
IC 34-54-8-1
Inapplicability of chapter to tax refunds
Sec. 1. This chapter does not apply to IC 6-8.1-9 concerning therate of interest.
As added by P.L.1-1998, SEC.50.
IC 34-54-8-2
Inapplicability of chapter to judgments rendered against state
Sec. 2. This chapter does not apply to judgments rendered againstthe state in actions or proceedings duly authorized to be broughtagainst the state in the court of claims for the payment of which noappropriation has been previously made.
As added by P.L.1-1998, SEC.50.
IC 34-54-8-3
Actions against state
Sec. 3. This chapter does not authorize actions or proceedingsagainst the state or any agency of the state.
As added by P.L.1-1998, SEC.50.
IC 34-54-8-4
Prejudgment interest
Sec. 4. Prejudgment interest is governed by IC 34-51-4.
As added by P.L.1-1998, SEC.50.
IC 34-54-8-5
Interest on final judgments
Sec. 5. (a) This section applies to actions or proceedings in which:
(1) the state, a board, a commission, an agency, or an official isauthorized by law to sue or be sued; and
(2) a money judgment is authorized by law to be entered and tobe paid out of state funds in the custody of the state or in thecustody of the board, commission, agency, or official.
(b) Interest attaches to a final judgment entered in an action orproceeding 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 thejudgment.
As added by P.L.1-1998, SEC.50.