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Tex. Natural Resources Code § 161.320

LATE PAYMENTS; DEFAULT INTEREST RATE

Texas · Texas Natural Resources Code · Status: effective

Banking, Finance & Insurance
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Tex. Natural Resources Code § 161.320, LATE PAYMENTS; DEFAULT INTEREST RATE, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/696999
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(a) The board may impose charges for late payments. (b) In addition to charging for late payments under Subsection (a), the board may set and impose a default rate of interest on: (1) the past due amounts; or (2) the entire unpaid balance.