Texas § FI.304.107 - VALUE OF SETTLEMENT OFFER FOR COMPUTING PREJUDGMENT INTEREST

Full text of Texas The Texas Constitution § FI.304.107 — VALUE OF SETTLEMENT OFFER FOR COMPUTING PREJUDGMENT INTEREST, with citation guidance and answers to common questions.

§ FI.304.107. VALUE OF SETTLEMENT OFFER FOR COMPUTING PREJUDGMENT INTEREST

VALUE OF SETTLEMENT OFFER FOR COMPUTING PREJUDGMENT INTEREST. If a settlement offer does not provide for cash payment at the time of settlement, the amount of the settlement offer for the purpose of computing prejudgment interest is the cost or fair market value of the settlement offer at the time it is made. Amended by Acts 1999, 76th Leg., ch. 62, Sec. 7.18(a), eff. Sept. 1, 1999. SUBCHAPTER C. OTHER PREJUDGMENT INTEREST PROVISIONS

Source: official Texas text · Last verified 2026-08-27

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Frequently Asked Questions About Texas § FI.304.107

What does The Texas Constitution § FI.304.107 cover?

Section FI.304.107 ("VALUE OF SETTLEMENT OFFER FOR COMPUTING PREJUDGMENT INTEREST") is part of the The Texas Constitution, the codified statutory law of Texas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Texas § FI.304.107?

A common citation format is "The Texas Constitution § FI.304.107" (Texas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Texas law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.

How does Texas § FI.304.107 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Texas.