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

Tex. Education Code § 85.51: AUTHORITY TO LEASE.

Where this section sits in the code

EDUCATION CODE
TITLE 3. HIGHER EDUCATION
SUBTITLE D. THE TEXAS A & M UNIVERSITY SYSTEM
CHAPTER 85. ADMINISTRATION OF THE TEXAS A & M UNIVERSITY SYSTEM
SUBCHAPTER D. LEASE OF LANDS FOR OIL, GAS, AND OTHER MINERAL DEVELOPMENT

(a) The board may lease for oil, gas, sulphur, mineral ore, and other mineral developments all lands and mineral interests under its control, owned or in the future acquired by the state for the use of the university system.

(b) The board shall offer oil and gas leases at public auction, by sealed bid, by negotiated agreement, or through any other means that the board considers to be in the best interest of the university system.

Acts 1971, 62nd Leg., p. 3196, ch. 1024, art. 1, Sec. 1, eff. Sept. 1, 1971. Amended by Acts 2003, 78th Leg., ch. 1266, Sec. 4.09, eff. June 20, 2003.

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

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