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Texas Utilities Code - Section 122.205. Interest

Legal Research Home > Texas Lawyer > Utilities Code > Texas Utilities Code - Section 122.205. Interest

§ 122.205. INTEREST.  A tax imposed by this chapter that 
becomes delinquent draws interest at the rate of 12 percent a year 
beginning on the 60th day after the date the tax becomes delinquent 
and continues to draw interest until the date the tax is paid.

Acts 1997, 75th Leg., ch. 166, § 1, eff. Sept. 1, 1997.                    

Last modified: August 10, 2007