Texas Finance Code § 304.005 Accrual Of Judgment Interest

Sec. 304.005. ACCRUAL OF JUDGMENT INTEREST. (a) Except as provided by Subsection (b), postjudgment interest on a money judgment of a court in this state accrues during the period beginning on the date the judgment is rendered and ending on the date the judgment is satisfied.

(b) If a case is appealed and a motion for extension of time to file a brief is granted for a party who was a claimant at trial, interest does not accrue for the period of extension.

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

Section: Previous  304.001  304.002  304.003  304.004  304.005  304.006  304.007  304.101  304.102  304.103  304.104  304.1045  304.105  304.106  304.107  Next

Last modified: September 28, 2016