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Texas Natural Resources Code

§ 161.061 — GENERAL DUTIES OF BOARD

NR § 161.061Title 7. RESOURCES PROGRAMS · Ch. 161. VETERANS LAND BOARD · Art. C. POWERS AND DUTIES

Statute text

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The board shall:
(1)authorize and execute negotiable bonds as provided by law;
(2)provide by resolution for use of the fund in a manner that will effectuate the intent of the constitution and the law;
(3)prescribe the interest rates as provided by law;
(4)provide for the forfeiture of contracts of sale and purchase and resale of forfeited land;
(5)conduct investigations it considers necessary;

Legislative history

Acts 2007, 80th Leg., R.S., Ch. 334 (H.B. 3140), Sec. 4, eff. June 15, 2007.

Source: Texas Natural Resources Code § 161.061 from the Texas Constitution and Statutes (Texas Legislature) (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.