(a) This subchapter does not impair an operator's right to be paid, to set-off funds, or to withhold funds from an interest owner as security for or in satisfaction of a debt or security interest.
(b) In the case of a dispute between an operator and an interest owner, a good-faith tender of funds by a person operates as a tender of the funds to both the operator and the interest owner if the tender of funds is to:(1) The person that the operator and the interest owner jointly direct the first purchaser in writing to pay;(2) A person that otherwise shows himself or herself or itself to be the person entitled to the funds; or(3) A court of competent jurisdiction in the event of litigation or bankruptcy.
(1) The person that the operator and the interest owner jointly direct the first purchaser in writing to pay;
(2) A person that otherwise shows himself or herself or itself to be the person entitled to the funds; or
(3) A court of competent jurisdiction in the event of litigation or bankruptcy.