{"data":{"id":"us-tx/tex.-agriculture-code-59.030","jurisdiction":"us-tx","citation":"Tex. Agriculture Code § 59.030","heading":"TERM OF LEASES.","body":"(a) A purchaser may not lease land purchased with financial assistance under this chapter for a term longer than 10 years, except:\n(1) a lease for oil, gas, or other minerals may be for a term of not longer than 10 years, and as long thereafter as oil, gas, or other minerals are produced from the land in commercial quantities; and\n(2) a lease for coal and lignite may be for a term of not longer than 40 years, and as long thereafter as coal and lignite are produced from the land in commercial quantities.\n(b) A lease or a separate instrument to take effect in the future may not contain a provision for option or renewal of the lease or re-lease of the property for any term that would result in a fixed term of the lease that exceeds the maximum fixed term authorized under Subsection (a) of this section. A lease or instrument that contains an option renewal or re-lease agreement in violation of this section is void.\nAdded by Acts 1993, 73rd Leg., ch. 542, Sec. 1, eff. Sept. 1, 1993.","path":["AGRICULTURE CODE","TITLE 4. AGRICULTURAL ORGANIZATIONS","CHAPTER 59. FARM AND RANCH FINANCE PROGRAM","SUBCHAPTER C. ADMINISTRATION"],"source_url":"https://statutes.capitol.texas.gov/Docs/AG/htm/AG.59.htm#59.030","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:46:50Z","sha256":"0ec117a51e335f6388572f56adf17037eb08b831e0fb5e82cf938b6b47d1e418","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-agriculture-code-59.029","next":"us-tx/tex.-agriculture-code-59.031"},"notice":"GroundRules: Original legal text. Not legal advice."}