Tex. Fin. Code § 304.002

Current with legislation from the 2019 Regular Session effective as of June 14, 2019
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.

Tex. Fin. Code § 304.002

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