{"data":{"id":"us-tx/tex.-finance-code-347.354","jurisdiction":"us-tx","citation":"Tex. Finance Code § 347.354","heading":"ACCRUAL OF INTEREST ON ACCELERATION.","body":"If payment of a debt is accelerated, interest accrues on the amount owed under the credit transaction, including expenses authorized under Section 347.307 that are incurred, at a rate equal to the rate applicable to the credit transaction at the time of the acceleration.\nActs 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.","path":["FINANCE CODE","TITLE 4. REGULATION OF INTEREST, LOANS, AND FINANCED TRANSACTIONS","SUBTITLE B. LOANS AND FINANCED TRANSACTIONS","CHAPTER 347. MANUFACTURED HOME CREDIT TRANSACTIONS","SUBCHAPTER H. ACTIONS ON DEFAULT"],"source_url":"https://statutes.capitol.texas.gov/Docs/FI/htm/FI.347.htm#347.354","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:13Z","sha256":"bd69fb90f95e34585bcec74754976d394e9040f467de9f2554c82b9dbd181d8d","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-finance-code-347.353","next":"us-tx/tex.-finance-code-347.355"},"notice":"GroundRules: Original legal text. Not legal advice."}
