Texas Finance Code Chapter 304 > Subchapter C – Other Prejudgment Interest Provisions
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§ 304.201 | Prejudgment Interest Rate for Condemnation Case |
Terms Used In Texas Finance Code Chapter 304 > Subchapter C - Other Prejudgment Interest Provisions
- Interest rate: The amount paid by a borrower to a lender in exchange for the use of the lender's money for a certain period of time. Interest is paid on loans or on debt instruments, such as notes or bonds, either at regular intervals or as part of a lump sum payment when the issue matures. Source: OCC
- Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
- Signed: includes any symbol executed or adopted by a person with present intention to authenticate a writing. See Texas Government Code 311.005