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Tex. Prop. Code § 67.012

PAYMENT DISPUTES

Added by Acts 2021, 87th Leg., R.S., Ch. 284 (H.B. 3794), Sec. 4, eff

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.

Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.