Texas § 67.012 PAYMENT DISPUTES.

Texas Statutes

§ 67.012 — PAYMENT DISPUTES.

Texas § 67.012

Code PRProperty Code

This text of Texas § 67.012 (PAYMENT DISPUTES.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Tex. Property Code Code Ann. § 67.012 (2026).

Text

Sec. 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.

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Sec. 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.