Sec. 6. Whenever, by final decree or judgment, a sum of money is adjudged to be due any person from the state, an execution shall not issue but the judgment shall draw interest at an annual rate of six percent (6%) from the date of the adjournment of the next ensuing session of the general assembly until an appropriation is made by law for the payment and the judgment is paid.
Ind. Code § 34-13-1-6
Judgments against state; interest rate; appropriation to pay judgment
Applied in 1 court decision — leading case State of Indiana, acting on behalf of the Indiana Family & Social Services Administration v. International Business Machines Corporation (2014)
Most recently applied in State of Indiana, acting on behalf of the Indiana Family & Social Services Administration v. International Business Machines Corporation (February 2014)
As added by P.L.1-1998, SEC.8.
Official source: Indiana General Assembly. Reproduced from public-domain Indiana statutes; confirm against the official source for the current text. Not legal advice.