§662-8 - Interest. - Hawaii Statutes

     §662-8  Interest.  On all final judgments rendered against the State in actions instituted under this chapter, interest shall be computed at the rate of four per cent a year from the date of judgment up to, but not exceeding, thirty days after the date of approval of any appropriation act providing for payment of the judgment. [L 1957, c 312, pt of §1; Supp, §245A-8; HRS §662-8]

 

Attorney General Opinions

 

  Implies that judgments against State not funded by agency budgets.  Att. Gen. Op. 85-8.

 

Case Notes

 

  Applicable to judgments against State; interest accrues from entry of final appellate judgment.  6 H. App. 70, 708 P.2d 829, aff'd, 68 H. 220, 708 P.2d 824.

  Trial court did not err in concluding that the State was immune from paying more than four per cent per annum post-judgment interest on the plaintiffs' damages; as State appealed from trial court's judgment and thus interest began to accrue "after the judgment on appeal", trial court did not err in concluding that post-judgment interest on the plaintiffs' damages began to accrue on that date.  105 H. 104, 94 P.3d 659.