Texas § UT.183.003 - RATE OF INTEREST
Full text of Texas The Texas Constitution § UT.183.003 — RATE OF INTEREST, with citation guidance and answers to common questions.
§ UT.183.003. RATE OF INTEREST
RATE OF INTEREST. The commission on or before each December 1 shall set the annual interest rate for the next calendar year on deposits governed by this chapter at the average rate paid over the previous 12-month period on United States treasury bills with a 26-week maturity. Acts 1997, 75th Leg., ch. 166, Sec. 1, eff. Sept. 1, 1997. Amended by: Acts 2005, 79th Leg., Ch. 1320 (H.B. 3460 ), Sec. 1, eff. September 1, 2005. Acts 2015, 84th Leg., R.S., Ch. 372 (S.B. 734 ), Sec. 1, eff. September 1, 2015.
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § UT.183.003
What does The Texas Constitution § UT.183.003 cover?
Section UT.183.003 ("RATE OF 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 § UT.183.003?
A common citation format is "The Texas Constitution § UT.183.003" (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.183.003 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.