Updated October 28, 2016. Exterior walls can be finished with a wide array of materials and techniques. Exterior wall finishes can produce significant savings for the contractor as well as for the building occupant and there are many options that will protect you from fire, heat, snow and that can save some money to you.
When Is Penalty Interest Payable? Penalty interest is payable when money is due, but is not paid by the due date. This means that late payment of deposit or late payment of the balance of the purchase price at settlement will usually give rise to an obligation to pay penalty interest.
Texas interest rate laws are stated in Texas Finance Code, Title 4 (Regulation of Interest Loans and Financed Transactions), Subtitle A (Interest).Under Section 302.002, the state legal maximum interest rate is six percent per annum. Under Section 304.002, interest rate on money judgment is 18 percent per annum.If the judgment is based on a contract fixing another rate of interest, the interest will be equal to the lesser rate specified in the transaction.exas interest rate laws are stated in Texas Finance Code, Title 4 (Regulation of Interest Loans and Financed Transactions), Subtitle A (Interest).