Texas · Through 89th 2nd Called Legislative Session, 2025

Tex. Education Code § 109.158: ACCEPTANCE AND FILING OF BIDS; TERMINATION OF LEASE.

Where this section sits in the code

EDUCATION CODE
TITLE 3. HIGHER EDUCATION
SUBTITLE F. OTHER COLLEGES AND UNIVERSITIES
CHAPTER 109. TEXAS TECH UNIVERSITY SYSTEM
SUBCHAPTER D. MINERAL DEVELOPMENT IN UNIVERSITY LAND

(a) If the board determines that a satisfactory bid has been received for the oil, gas, sulphur, or other mineral lands, it shall accept the bid and reject all others and shall file the accepted bid in the general land office.

(b) If before the expiration of five years oil, gas, sulphur, or other minerals have not been produced in paying quantities, the lease shall terminate unless extended as provided in Sections 109.160 and 109.161.

Amended by:

Acts 2015, 84th Leg., R.S., Ch. 1173 (S.B. 907), Sec. 9, eff. June 19, 2015.

Collected 2026-08-27T01:47:05Z. Source file · JSON

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