Texas Education Code

§ 85.62 — PRORATION OR REDUCTION OF PRODUCTION

ED § 85.62Title 3. HIGHER EDUCATION · Part D. THE TEXAS A & M UNIVERSITY SYSTEM · Ch. 85. ADMINISTRATION OF THE TEXAS A & M UNIVERSITY SYSTEM · Art. D. LEASE OF LANDS FOR OIL, GAS, AND OTHER MINERAL DEVELOPMENT

Statute text

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When, in the discretion of the board, it is for the best interest of the state to prorate or reduce production of any land, the board may execute the necessary contract to carry out that purpose.

Legislative history

Acts 1971, 62nd Leg., p. 3198, ch. 1024, art. 1, Sec. 1, eff. Sept. 1, 1971.