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Texas Natural Resources Code

§ 34.056 — PLACING LEASE ON MARKET

NR § 34.056Title 2. PUBLIC DOMAIN · Part C. ADMINISTRATION · Ch. 34. BOARDS FOR LEASE · Art. C. POWERS AND DUTIES

Statute text

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If a board determines there is a demand for the purchase of oil, gas, or mineral leases on a lot or tract of land subject to the control of the board which will reasonably insure an advantageous sale, the board shall place the oil, gas, or mineral leases on the market in the tract or tracts which the board may designate.

Legislative history

Acts 1977, 65th Leg., p. 2396, ch. 871, art. I, Sec. 1, eff. Sept. 1, 1977.

Source: Texas Natural Resources Code § 34.056 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.