Tex. Property Code § 31.002
This is the official text of Tex. Property Code § 31.002, part of Texas’s Property Code — governs real property, landlord-tenant law, and property transactions.
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§ 31.002. CAUSE OF ACTION FOR BAD FAITH WASHOUT.
Official statutory text
A person may bring a cause of action for a bad faith washout of the person's overriding royalty interest in an oil and gas lease. The person is entitled to a remedy under this chapter if the person proves by a preponderance of the evidence that:
(1) the person owned or had a legal right to the overriding royalty interest;
(2) the defendant had control over the oil and gas lease burdened by the overriding royalty interest;
(3) the defendant caused a washout of the person's overriding royalty interest; and
(4) the defendant acted in bad faith by knowingly or intentionally causing the washout.
(1) the person owned or had a legal right to the overriding royalty interest;
(2) the defendant had control over the oil and gas lease burdened by the overriding royalty interest;
(3) the defendant caused a washout of the person's overriding royalty interest; and
(4) the defendant acted in bad faith by knowingly or intentionally causing the washout.
Status: in_force · Read it on the official government site
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