Sec. 102. When the parties do not agree on the rate, interest on loans or forbearances of money, goods or things in action shall be at the rate of eight percent (8%) per annum until payment of judgment.
Ind. Code § 24-4.6-1-102
Rate in absence of agreement
Applied in 6 court decisions — leading case Gershin v. Demming (1997)
Most recently applied in 764 F. Supp. 2d 1022 - Caudill Seed & Warehouse Co. v. Rose Seeding & Sodding, Inc. (October 2010)
Formerly: Acts 1974, P.L.115, SEC.2.
How often courts cite this section
Court decisions citing this, by year. The dip in the last several years is a data-coverage gap, not a real trend — our corpus holds fewer opinions from the most recent years, so recent citations are undercounted.
Official source: Indiana General Assembly. Reproduced from public-domain Indiana statutes; confirm against the official source for the current text. Not legal advice.