Tex. Util. Code § 183.003 · Chapter 183. UTILITY DEPOSITS
RATE OF INTEREST.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
The commission on or before each December 1 shall set the annual interest rate for the next calendar year on deposits governed by this chapter at the average rate paid over the previous 12-month period on United States treasury bills with a 26-week maturity.
Notes and commentary — not statutory text
History
Acts 1997, 75th Leg., ch. 166, Sec. 1, eff. Sept. 1, 1997.
Amended by:
Acts 2005, 79th Leg., Ch. 1320 (H.B. 3460), Sec. 1, eff. September 1, 2005.
Acts 2015, 84th Leg., R.S., Ch. 372 (S.B. 734), Sec. 1, eff. September 1, 2015.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/UT/htm/UT.183.htm
- Text hash
- sha256 0876a24aa7138e9299b92b3710e3cf0f4f5314cab826bd24489557875665d9fd
- 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.