Tex. Civ. Practice & Remedies Code Section 18.031
Foreign Interest Rate


Unless the interest rate of another state or country is alleged and proved, the rate is presumed to be the same as that established by law in this state and interest at that rate may be recovered without allegation or proof.
Acts 1985, 69th Leg., ch. 959, Sec. 1, eff. Sept. 1, 1985.

Source: Section 18.031 — Foreign Interest Rate, https://statutes.­capitol.­texas.­gov/Docs/CP/htm/CP.­18.­htm#18.­031 (accessed Apr. 20, 2024).

Accessed:
Apr. 20, 2024

§ 18.031’s source at texas​.gov