Texas Statutes
§ 16.003 — LATE PAYMENT PENALTY.
Texas § 16.003
JurisdictionTexas
Code UTUtilities Code
This text of Texas § 16.003 (LATE PAYMENT PENALTY.) 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. Utilities Code Code Ann. § 16.003 (2026).
Text
Sec. 16.003. 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.
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Legislative History
Acts 1997, 75th Leg., ch. 166, Sec. 1, eff. Sept. 1, 1997.
Nearby Sections
15
§ 16.001
ASSESSMENT ON PUBLIC UTILITIES.§ 16.002
PAYMENT DATES.§ 16.003
LATE PAYMENT PENALTY.§ 16.004
COLLECTION BY COMPTROLLER.§ 16.021
GRANTS OF FEDERAL FUNDS.§ 16.042
ACCOUNTING RECORDS.§ 16.043
AUDIT.§ 16.044
APPROVAL OF BUDGET.§ 161.001
SHORT TITLE.§ 161.002
DEFINITIONS.§ 161.003
CONSTRUCTION OF CHAPTER.§ 161.004
CERTAIN CORPORATE NAMES PROHIBITED.§ 161.005
CHAPTER COMPLETE AND CONTROLLING.§ 161.051
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Bluebook (online)
Texas § 16.003, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/UT/16.003.