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Texas Business Organizations Code

§ 152.005 — APPLICABLE INTEREST RATE

BO § 152.005Title 4. PARTNERSHIPS · Ch. 152. GENERAL PARTNERSHIPS · Art. A. GENERAL PROVISIONS

Statute text

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If an obligation to pay interest arises under this chapter and the rate is not specified, the interest rate is the rate specified by Section 302.002, Finance Code.

Legislative history

Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.

Source: Texas Business Organizations Code § 152.005 from the Texas Constitution and Statutes (Texas Legislature) (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.