Indiana Statutes

§ 34-13-3-18 — Time for payment of claim or judgment; interest rate

Indiana § 34-13-3-18
JurisdictionIndiana
Title 34CIVIL LAW AND PROCEDURE
Art. 13CAUSES OF ACTION: CLAIMS AGAINST THE
Ch. 3Tort Claims Against Governmental Entities and Public

This text of Indiana § 34-13-3-18 (Time for payment of claim or judgment; interest rate) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Ind. Code § 34-13-3-18 (2026).

Text

(a)A claim or suit settled by, or a judgment rendered against, a governmental entity shall be paid by the governmental entity not later than one hundred eighty (180) days after the date of settlement or judgment, unless there is an appeal, in which case not later than one hundred eighty (180) days after a final decision is rendered.
(b)If payment is not made within one hundred eighty (180) days after the date of settlement or judgment, the governmental entity is liable for interest from the date of settlement or judgment at an annual rate of six percent (6%). The governmental entity is liable for interest at that rate and from that date even if the case is appealed, provided the original judgment is upheld. [Pre-1998 Recodification Citation: 34-4-16.5-17.]

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Legislative History

As added by P.L.1-1998, SEC.8.

Nearby Sections

15
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Bluebook (online)
Indiana § 34-13-3-18, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/34-13-3-18.