Sec. 53.287. CERTAIN AGREEMENTS EXEMPT. This subchapter does not apply to a written agreement to subordinate, release, waive, or satisfy all or part of a lien or bond claim in:
(1) an accord and satisfaction of an identified dispute;
(2) an agreement concerning an action pending in any court or arbitration proceeding; or
(3) an agreement that is executed after an affidavit claiming the lien has been filed or the bond claim has been made.
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