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.
Structure Indiana Code
Title 34. Civil Law and Procedure
Chapter 8. Interest on Judgments
34-54-8-0.2. Application of Certain Amendments to Prior Law
34-54-8-1. Inapplicability of Chapter to Tax Refunds
34-54-8-2. Inapplicability of Chapter to Judgments Rendered Against State
34-54-8-3. Actions Against State