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Texas Natural Resources Code

§ 161.316 — EFFECT OF FORFEITURE ON LEASES

NR § 161.316Title 7. RESOURCES PROGRAMS · Ch. 161. VETERANS LAND BOARD · Art. H. FORFEITURE

Statute text

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On forfeiture, the full title to the land, including both surface and mineral estates, shall revest in the board, and the board shall recognize and continue in force and effect any outstanding valid oil, gas, or mineral lease and collect all rentals, royalties, or other amounts payable under the lease.

Legislative history

Acts 1977, 65th Leg., p. 2671, ch. 871, art. I, Sec. 1, eff. Sept. 1, 1977.

Source: Texas Natural Resources Code § 161.316 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.