Tex. Finance Code § 304.002
This is the official text of Tex. Finance Code § 304.002, part of Texas’s Finance Code — regulates banks and other financial institutions.
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§ 304.002.
Official statutory text
Sec. 304.002. JUDGMENT INTEREST RATE: INTEREST RATE OR TIME PRICE DIFFERENTIAL IN CONTRACT. 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.
(1) the rate specified in the contract, which may be a variable rate; or
(2) 18 percent a year.
Status: in_force · Read it on the official government site
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