Tex. Finance Code § 304.107
This is the official text of Tex. Finance Code § 304.107, part of Texas’s Finance Code — regulates banks and other financial institutions.
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§ 304.107. VALUE OF SETTLEMENT OFFER FOR COMPUTING PREJUDGMENT INTEREST.
Official statutory text
If a settlement offer does not provide for cash payment at the time of settlement, the amount of the settlement offer for the purpose of computing prejudgment interest is the cost or fair market value of the settlement offer at the time it is made.
Status: in_force · Read it on the official government site
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