Texas Property Code - Section 28.006. No Waiver
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§ 28.006. NO WAIVER. (a) Except as provided by
Subsection (b), an attempted waiver of a provision of this chapter
is void.
(b) A written contract between an owner and a contractor for
improvements to or construction of a single-family residence may
provide that the payment required under Section 28.002(a) be made
not later than a date that occurs before the 61st day after the date
the owner receives the payment request. Notwithstanding Section
28.004(b), an unpaid amount under contract subject to this
subsection that allows payment later than the date otherwise
required under Section 28.002(a) bears interest at the rate of
1-1/2 percent each month.
Added by Acts 1993, 73rd Leg., ch. 479, § 1, eff. Sept. 1, 1993.
Section: 27.006 27.007 28.001 28.002 28.003 28.004 28.005 28.006 28.007 28.008 28.009 28.010 29.001 29.002 29.003
Last modified: August 11, 2007
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