Tex. Civ. Prac. & Rem. Code § 74.507 · Subchapter K. PAYMENT FOR FUTURE LOSSES

AWARD OF ATTORNEY'S FEES.

Verbatim from the official edition

Text — Current through the 89th 2nd Called Legislative Session, 2025

For purposes of computing the award of attorney's fees when the claimant is awarded a recovery that will be paid in periodic payments, the court shall:

(1) place a total value on the payments based on the claimant's projected life expectancy; and

(2) reduce the amount in Subdivision (1) to present value.

Notes and commentary — not statutory text

History

Added by Acts 2003, 78th Leg., ch. 204, Sec. 10.01, eff. Sept. 1, 2003.

Source of truth

Edition: Current through the 89th 2nd Called Legislative Session, 2025
Official file: https://statutes.capitol.texas.gov/Docs/CP/htm/CP.74.htm
Text hash: sha256 970cf3cd9f2b531cdc5d43351d55b04be619e46d8f7142055d6b8b016a2e69b3
Composed by: compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character

Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.