Tex. Prop. Code § 53.281

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 53.281 - Waiver And Release Of Lien Or Payment Bond Claim
(a) Any waiver and release of a lien or payment bond claim under this chapter is unenforceable unless a waiver and release is executed and delivered in accordance with this subchapter.
(b) A waiver and release is effective to release the owner, the owner's property, the contractor, and the surety on a payment bond from claims and liens only if:
(1) the waiver and release substantially complies with one of the forms prescribed by Section 53.284;
(2) the waiver and release is signed by the claimant or the claimant's authorized agent ; and
(3) in the case of a conditional release, evidence of payment to the claimant exists.

Tex. Prop. Code § 53.281

Amended by Acts 2021, Texas Acts of the 87th Leg. - Regular Session, ch. 690,Sec. 35, eff. 1/1/2022.
Added by Acts 2011, 82nd Leg., R.S., Ch. 271, Sec. 3, eff. 1/1/2012.