Sec. 53.283. UNCONDITIONAL WAIVER AND RELEASE: PAYMENT REQUIRED. A person may not require a claimant or potential claimant to execute an unconditional waiver and release for a progress payment or final payment amount unless the claimant or potential claimant received payment in that amount in good and sufficient funds.
Added by Acts 2011, 82nd Leg., R.S., Ch. 271 (H.B. 1456), Sec. 3, eff. January 1, 2012.
Structure Texas Statutes
Title 5 - Exempt Property and Liens
Chapter 53 - Mechanic's, Contractor's, or Materialman's Lien
Subchapter L. Waiver and Release of Lien or Payment Bond Claim
Section 53.281. Waiver and Release of Lien or Payment Bond Claim
Section 53.282. Conditions for Waiver, Release, or Impairment of Lien or Payment Bond Claim
Section 53.283. Unconditional Waiver and Release: Payment Required
Section 53.284. Forms for Waiver and Release of Lien or Payment Bond Claim