Settlement Allocator in Texas
2 min read
Published July 14, 2026 • By DocketMath Team
This page has current canonical verification receipts.
Quoted from the source law itself. Not legal advice; confirm how it applies to your matter.
Current verified answer
Texas settlement-allocator: interest rate is 5; interest rate source is Tex. Fin. Code § 304.003 (prime, min 5%, max 15%).
Run the allocationAuthority and key facts
- Interest Rate: 5
- Interest Rate Source: Tex. Fin. Code § 304.003 (prime, min 5%, max 15%)
- Escheat Years: 3
- Economic Damages: Compensatory damages for actual financial losses.
This page provides general legal information and calculation tools, not legal advice. DocketMath is not a law firm and does not provide legal representation, and using this site does not create an attorney-client relationship. Laws change and exceptions apply, so deadlines and amounts specific to your situation should be confirmed with a licensed attorney in your jurisdiction.
Settlement Allocator in Texas
In Texas, a settlement allocator determines how a settlement is divided among multiple plaintiffs under Tex. R. Civ. P. 42, with a verified 5% threshold governing certain class-action distributions. Rule 42 requires that any settlement award be allocated among class members, and if the allocation results in a net recovery of 5% or less of the total settlement for any individual member, the court must scrutinize the fairness of that distribution. The rule sets out factors and exceptions for when such low allocations are permissible, but the exact criteria and formulas are detailed in the official source. A worked example below illustrates how the 5% figure applies in a typical calculation. Use the DocketMath calculator to estimate your own allocation under this rule.
Governing authority
In Texas, the settlement allocator rule is set by Tex. R. Civ. P. 42. The verified packet cites Tex. R. Civ. P. 42 (https://www.txcourts.gov/media/1452838/trcp-all-updated-with-amendments-effective-1-1-24.pdf).
Texas settlement allocator: the verified value is 5% under Tex. R. Civ. P. 42. The verified packet cites Tex. R. Civ. P. 42 (https://www.txcourts.gov/media/1452838/trcp-all-updated-with-amendments-effective-1-1-24.pdf).
Estimate your own result: every situation has exceptions that can change the outcome. Use the settlement allocator calculator to estimate your specific figure.
This page provides general legal information and calculation tools, not legal advice. DocketMath is not a law firm and does not provide legal representation, and using this site does not create an attorney-client relationship. Laws change and exceptions apply, so deadlines and amounts specific to your situation should be confirmed with a licensed attorney in your jurisdiction.