Tex. Prop. Code Section 67.012
Payment Disputes


In the case of a payment dispute between an operator and another interest owner, a good-faith tender of money in satisfaction of a debt or security interest by one person operates as a tender of the money to both if tender is made:

(1)

to the person who the operator and other interest owner jointly directed the first purchaser in writing to pay;

(2)

to a person who otherwise shows the person is entitled to the money; or

(3)

to a court of competent jurisdiction in the event of litigation or bankruptcy.
Added by Acts 2021, 87th Leg., R.S., Ch. 284 (H.B. 3794), Sec. 4, eff. September 1, 2021.

Source: Section 67.012 — Payment Disputes, https://statutes.­capitol.­texas.­gov/Docs/PR/htm/PR.­67.­htm#67.­012 (accessed May 11, 2024).

Accessed:
May 11, 2024

§ 67.012’s source at texas​.gov