Texas Estates Code

§ 358.201 — AUTHORIZATION FOR EXECUTION OF AGREEMENTS

ES § 358.201Title 2. ESTATES OF DECEDENTS; DURABLE POWERS OF ATTORNEY · Part H. CONTINUATION OF ADMINISTRATION · Ch. 358. MATTERS RELATING TO MINERAL PROPERTIES · Art. E. SPECIAL ANCILLARY INSTRUMENTS THAT MAY BE EXECUTED WITHOUT COURT ORDER

Statute text

View on source

As to any mineral lease or pooling or unitization agreement, executed on behalf of an estate or by a former owner of land, minerals, or royalty affected by the lease or agreement, the personal representative of the estate being administered may, without further court order and without consideration, execute:

(1)division orders;

(2)transfer orders;

(3)instruments of correction;

(4)instruments designating depository banks for the receipt of delay rentals or shut-in gas well royalty to accrue or become payable under the terms of the lease; and

(5)similar instruments relating to the lease or agreement and the property covered by the lease or agreement. Added by Acts 2009, 81st Leg., R.S., Ch. 680 (H.B. 2502), Sec. 1, eff. January 1, 2014. Amended by:

Legislative history

Acts 2019, 86th Leg., R.S., Ch. 846 (H.B. 2780), Sec. 4, eff. September 1, 2019.