Indiana Code 34-51-4-9. Rate of prejudgment interest
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Terms Used In Indiana Code 34-51-4-9
- Year: means a calendar year, unless otherwise expressed. See Indiana Code 1-1-4-5
Sec. 9. The court shall compute the prejudgment interest at the simple rate of interest determined by the court. The rate set by the court may not be less than six percent (6%) per year and not more than ten percent (10%) per year.
[Pre-1998 Recodification Citation: 34-4-37-11.]
As added by P.L.1-1998, SEC.47.