Tex. Natural Resources Code § 53.018: ROYALTY.
Where this section sits in the code
- NATURAL RESOURCES CODE
- TITLE 2. PUBLIC DOMAIN
- SUBTITLE D. DISPOSITION OF THE PUBLIC DOMAIN
- CHAPTER 53. MINERALS
- SUBCHAPTER B. PROSPECT AND LEASE ON STATE LAND
The royalty under the lease shall not be less than one-sixteenth of the value of the minerals produced under the lease.
Acts 1977, 65th Leg., p. 2470, ch. 871, art. I, Sec. 1, eff. Sept. 1, 1977.
Collected 2026-08-27T01:47:28Z. Source file · JSON