Indiana Code 24-4.6-1-102. Rate in absence of agreement
Current as of: 2024 | Check for updates
|
Other versions
Terms Used In Indiana Code 24-4.6-1-102
- Judgment: means all final orders, decrees, and determinations in an action and all orders upon which executions may issue. See Indiana Code 1-1-4-5
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.
Formerly: Acts 1974, P.L.115, SEC.2.