Sec. 304.106. SETTLEMENT OFFER REQUIREMENTS TO PREVENT PREJUDGMENT INTEREST ACCRUAL. To prevent the accrual of prejudgment interest under this subchapter, a settlement offer must be in writing and delivered to the claimant or the claimant's attorney or representative.
Amended by Acts 1999, 76th Leg., ch. 62, Sec. 7.18(a), eff. Sept. 1, 1999.
Structure Texas Statutes
Title 4 - Regulation of Interest, Loans, and Financed Transactions
Chapter 304 - Judgment Interest
Subchapter B. Prejudgment Interest in Wrongful Death, Personal Injury, or Property Damage Case
Section 304.101. Applicability of Subchapter
Section 304.102. Prejudgment Interest Required in Certain Cases
Section 304.104. Accrual of Prejudgment Interest
Section 304.1045. Future Damages
Section 304.105. Effect of Settlement Offer on Accrual of Prejudgment Interest
Section 304.106. Settlement Offer Requirements to Prevent Prejudgment Interest Accrual
Section 304.107. Value of Settlement Offer for Computing Prejudgment Interest