Texas § UT.16.003 - LATE PAYMENT PENALTY
Full text of Texas The Texas Constitution § UT.16.003 — LATE PAYMENT PENALTY, with citation guidance and answers to common questions.
§ UT.16.003. LATE PAYMENT PENALTY
LATE PAYMENT PENALTY. (a) An additional fee equal to 10 percent of the amount due shall be assessed for any late payment of an assessment required under this subchapter. (b) An assessment delinquent for more than 30 days accrues interest at an annual rate of 12 percent on the amount of the assessment and penalty due. Acts 1997, 75th Leg., ch. 166, Sec. 1, eff. Sept. 1, 1997.
Frequently Asked Questions About Texas § UT.16.003
What does The Texas Constitution § UT.16.003 cover?
Section UT.16.003 ("LATE PAYMENT PENALTY") 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 § UT.16.003?
A common citation format is "The Texas Constitution § UT.16.003" (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 § UT.16.003 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.