Texas Statutes
§ 1201.025 — RATE OF INTEREST.
Texas § 1201.025
JurisdictionTexas
Code GVGovernment Code
This text of Texas § 1201.025 (RATE OF INTEREST.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Tex. Government Code Code Ann. § 1201.025 (2026).
Text
Sec. 1201.025. RATE OF INTEREST.
(a)An interest rate on a public security that bears interest may be fixed, variable, floating, adjustable, or computed by another method.
(b)If an interest rate is not specified by the governing body of an issuer issuing a public security, the interest rate is determined by a formula or contractual arrangement for the periodic determination of the rate.
Free access — add to your briefcase to read the full text and ask questions with AI
Legislative History
Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999. Amended by Acts 2001, 77th Leg., ch. 1420, Sec. 8.001, eff. Sept. 1, 2001.
Nearby Sections
15
§ 1201.001
SHORT TITLE.§ 1201.002
DEFINITIONS.§ 1201.003
APPLICABILITY.§ 1201.004
CONSTRUCTION.§ 1201.021
CHARACTERISTICS OF PUBLIC SECURITY.§ 1201.022
TERMS OF ISSUANCE.§ 1201.023
UNCERTIFICATED BOOK-ENTRY ISSUANCE.§ 1201.024
FORM OF PUBLIC SECURITY.§ 1201.025
RATE OF INTEREST.Cite This Page — Counsel Stack
Bluebook (online)
Texas § 1201.025, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/GV/1201.025.