Sec. 18. (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.
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Terms Used In Indiana Code 34-13-3-18
- Appeal: A request made after a trial, asking another court (usually the court of appeals) to decide whether the trial was conducted properly. To make such a request is "to appeal" or "to take an appeal." One who appeals is called the appellant.
- 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
- Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
(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.]
As added by P.L.1-1998, SEC.8.