Finance Code › Title 4 › Chapter 304 › Subchapter A

Texas Finance Code § 304.002

Judgment Interest Rate: Interest Rate or Time Price Differential in Contract

Judgment Interest · General Provisions

A money judgment of a court of this state on a contract that provides for interest or time price differential earns postjudgment interest at a rate equal to the lesser of:

(1) the rate specified in the contract, which may be a variable rate; or

(2) 18 percent a year.

Official text of the Texas Finance Code as published by the Texas Legislative Council.

Official source
Legislative history

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

Sections that refer to this one

§ 304.003