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

Tex. Natural Resources Code § 32.1073: FIXING ROYALTY, BONUS, AND RENTAL.

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Where this section sits in the code
  1. NATURAL RESOURCES CODE
  2. TITLE 2. PUBLIC DOMAIN
  3. SUBTITLE C. ADMINISTRATION
  4. CHAPTER 32. SCHOOL LAND BOARD
  5. SUBCHAPTER D. SALE AND LEASE OF LAND

In offering land for lease under this subchapter, the board may:

(1) set the royalty and rental and provide for bidding on a basis of the highest cash bonus offered; or

(2) set the cash bonus and rental and provide for bidding on the basis of the highest royalty offered.

Added by Acts 1985, 69th Leg., ch. 624, Sec. 23, eff. Sept. 1, 1985.

Collected 2026-08-27T01:47:28Z. Source file · JSON

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