GroundRules
← Search the law
Texas · Through 89th 2nd Called Legislative Session, 2025

Tex. Finance Code § 304.107: VALUE OF SETTLEMENT OFFER FOR COMPUTING PREJUDGMENT INTEREST.

Read at publisher ↗
Where this section sits in the code
  1. FINANCE CODE
  2. TITLE 4. REGULATION OF INTEREST, LOANS, AND FINANCED TRANSACTIONS
  3. SUBTITLE A. INTEREST
  4. CHAPTER 304. JUDGMENT INTEREST
  5. SUBCHAPTER B. PREJUDGMENT INTEREST IN WRONGFUL DEATH, PERSONAL INJURY, OR PROPERTY DAMAGE CASE

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.

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

Collected 2026-08-27T01:47:13Z. Source file · JSON

Browse this collection