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

Source: Section 304.002 — Judgment Interest Rate: Interest Rate or Time Price Differential in Contract, https://statutes.­capitol.­texas.­gov/Docs/FI/htm/FI.­304.­htm#304.­002 (accessed Mar. 23, 2024).

Accessed:
Mar. 23, 2024

§ 304.002’s source at texas​.gov