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Texas Utilities Code - UTIL § 122.205. Interest

Current as of January 01, 2024 | Updated by Findlaw Staff

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.

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Cite this article: FindLaw.com - Texas Utilities Code - UTIL § 122.205. Interest - last updated January 01, 2024 | https://codes.findlaw.com/tx/utilities-code/util-sect-122-205/

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