Texas § PR.67.009 - WAIVER

Full text of Texas The Texas Constitution § PR.67.009 — WAIVER, with citation guidance and answers to common questions.

§ PR.67.009. WAIVER

WAIVER. (a) Except as provided by Subsection (b), an interest owner may not be required, as a condition or term of an agreement to sell or otherwise, to: (1) waive or release any oil and gas lien or a right under this chapter, other than on payment in full of the sales price; or (2) agree to a provision that would apply the law of another state to a right granted under this chapter. (b) An interest owner, or representative acting on behalf of an interest owner, may waive or release any oil and gas lien or any rights under this chapter or agree to apply the law of another state to the interest owner's oil and gas rights granted under this chapter, if the first purchaser: (1) posts a letter of credit in a form and amount satisfactory to the interest owner; or (2) agrees to prepay or escrow the sales price under an agreement to sell with the interest owner and performs all of the first purchaser's obligations under the agreement. (c) Unless waived or released under Subsection (b), a condition or term described by Subsection (a) is void. Added by Acts 2021, 87th Leg., R.S., Ch. 284 (H.B. 3794 ), Sec. 4, eff. September 1, 2021.

Frequently Asked Questions About Texas § PR.67.009

What does The Texas Constitution § PR.67.009 cover?

Section PR.67.009 ("WAIVER") is part of the The Texas Constitution, the codified statutory law of Texas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Texas § PR.67.009?

A common citation format is "The Texas Constitution § PR.67.009" (Texas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Texas law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.

How does Texas § PR.67.009 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Texas.