Tex. Natural Resources Code § 71.007: REJECTION OF BIDS AND ADDITIONAL BIDS.
Where this section sits in the code
- NATURAL RESOURCES CODE
- TITLE 2. PUBLIC DOMAIN
- SUBTITLE F. LAND OF POLITICAL SUBDIVISIONS
- CHAPTER 71. LEASE FOR MINERAL DEVELOPMENT
- SUBCHAPTER A. LEASES BY POLITICAL SUBDIVISIONS
If the governing body believes that the bids submitted to it do not represent the fair value of the leases, the governing body may reject the bids, give notice, and call for additional bids.
Acts 1977, 65th Leg., p. 2505, ch. 871, art. I, Sec. 1, eff. Sept. 1, 1977.
Collected 2026-08-27T01:47:28Z. Source file · JSON