Finance Code › Title 4 › Chapter 304 › Subchapter B

Texas Finance Code § 304.104

Accrual of Prejudgment Interest

Judgment Interest · Prejudgment Interest in Wrongful Death, Personal Injury, or Property Damage Case

Except as provided by Section 304.105 or 304.108, prejudgment interest accrues on the amount of a judgment during the period beginning on the earlier of the 180th day after the date the defendant receives written notice of a claim or the date the suit is filed and ending on the day preceding the date judgment is rendered. Prejudgment interest is computed as simple interest and does not compound.

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.

This section refers to

§ 304.105