Property Code › Title 5 › Chapter 67

Texas Property Code § 67.012

Payment Disputes

Oil and Gas Liens

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 text of the Texas Property Code as published by the Texas Legislative Council.

Official source
Legislative history

Added by Acts 2021, 87th Leg., R.S., Ch. 284 (H.B. 3794), Sec. 4, eff. September 1, 2021.