Tex. Finance Code § 304.104
This is the official text of Tex. Finance Code § 304.104, part of Texas’s Finance Code — regulates banks and other financial institutions.
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§ 304.104. ACCRUAL OF PREJUDGMENT INTEREST.
Official statutory text
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.
Status: in_force · Read it on the official government site
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