Indiana § 34-51-4-8 - Time of accrual of prejudgment interest
Full text of Indiana Indiana Code § 34-51-4-8 — Time of accrual of prejudgment interest, with citation guidance and answers to common questions.
§ 34-51-4-8. Time of accrual of prejudgment interest
Sec. 8. (a) If the court awards prejudgment interest, the court shall determine the period during which prejudgment interest accrues. However, the period may not exceed forty-eight (48) months. Prejudgment interest begins to accrue on the latest of the following dates:
(1) Fifteen (15) months after the cause of action accrued.
(2) Six (6) months after the claim is filed in the court if IC 34-18-8 and IC 34-18-9 do not apply.
(3) One hundred eighty (180) days after a medical review panel is formed to review the claim under IC 34-18-10 (or IC 27-12-10 before its repeal).
(b) The court shall exclude from the period in which prejudgment interest accrues any period of delay that the court determines is caused by the party petitioning for prejudgment interest.
[Pre-1998 Recodification Citation: 34-4-37-10.]
As added by P.L.1-1998, SEC.47.
Source: official Indiana text · Last verified 2026-08-27
Frequently Asked Questions About Indiana § 34-51-4-8
What does Indiana Code § 34-51-4-8 cover?
Section 34-51-4-8 ("Time of accrual of prejudgment interest") is part of the Indiana Code, the codified statutory law of Indiana. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Indiana § 34-51-4-8?
A common citation format is "Indiana Code § 34-51-4-8" (Indiana). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Indiana law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Indiana official source linked on this page or consult a licensed Indiana attorney.
How does Indiana § 34-51-4-8 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Indiana can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Indiana.