Texas Finance Code

§ 304.201 — PREJUDGMENT INTEREST RATE FOR CONDEMNATION CASE

FI § 304.201Title 4. REGULATION OF INTEREST, LOANS, AND FINANCED TRANSACTIONS · Part A. INTEREST · Ch. 304. JUDGMENT INTEREST · Art. C. OTHER PREJUDGMENT INTEREST PROVISIONS

Statute text

View on source

The prejudgment interest rate in a condemnation case is equal to the postjudgment interest rate at the time of judgment and is computed as simple interest.

Legislative history

Amended by Acts 1999, 76th Leg., ch. 62, Sec. 7.18(a), eff. Sept. 1, 1999.