Texas § LG.375.121 - INTEREST ON ASSESSMENTS
Full text of Texas The Texas Constitution § LG.375.121 — INTEREST ON ASSESSMENTS, with citation guidance and answers to common questions.
§ LG.375.121. INTEREST ON ASSESSMENTS
INTEREST ON ASSESSMENTS; LIEN. (a) Assessments bear interest at a rate specified by the board that may not exceed the interest rate permitted by Chapter 1204 , Government Code. (b) Interest on an assessment between the effective date of the order or resolution levying the assessment and the date the first installment and any related penalty is payable shall be added to the first installment. The interest or penalties on all unpaid installments shall be added to each subsequent installment until paid. (c) An assessment or any reassessment and any interest and penalties on that assessment or reassessment is a lien against the property until it is paid. (d) The owner of any property assessed may pay at any time the entire assessment against any lot or parcel with accrued interest to the date of the payment. Added by Acts 1991, 72nd Leg., ch. 16, Sec. 13.05(a), eff. Aug. 26, 1991. Amended by Acts 2001, 77th Leg., ch. 1420, Sec. 8.331, eff. Sept. 1, 2001.
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § LG.375.121
What does The Texas Constitution § LG.375.121 cover?
Section LG.375.121 ("INTEREST ON ASSESSMENTS") 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 § LG.375.121?
A common citation format is "The Texas Constitution § LG.375.121" (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 § LG.375.121 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.