Tex. Fin. Code Section 304.104
Accrual of Prejudgment Interest

Except as provided by Section 304.105 (Effect of Settlement Offer on Accrual of Prejudgment Interest) 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.
Amended by Acts 1999, 76th Leg., ch. 62, Sec. 7.18(a), eff. Sept. 1, 1999.

Source: Section 304.104 — Accrual of Prejudgment Interest, https://statutes.­capitol.­texas.­gov/Docs/FI/htm/FI.­304.­htm#304.­104 (accessed Apr. 20, 2024).

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Accessed:
Apr. 20, 2024

§ 304.104’s source at texas​.gov