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Current as of January 01, 2024 | Updated by FindLaw Staff
(a) Except as provided by Subsection (b), if the information required by Section 91.502 is provided in some other manner on a monthly basis, the payor is not required to include the information on the check stub, an attachment to the payment form, or another remittance advice that accompanies the payment.
(b) If payment is made to the royalty interest owner by a paper check delivered by mail or by means of a private delivery service, the payor may not provide the information required by Section 91.502 in a manner other than by including the information on the check stub, an attachment to the payment form, or another remittance advice that accompanies the payment unless the payor obtains, or a previous payor has obtained, the consent of the royalty interest owner to provide the information in some other manner.
Cite this article: FindLaw.com - Texas Natural Resources Code - NAT RES § 91.506. Exemption - last updated January 01, 2024 | https://codes.findlaw.com/tx/natural-resources-code/nat-res-sect-91-506/
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