Texas Natural Resources Code
§ 51.402 — USE OF DESIGNATED FUNDS
NR § 51.402Title 2. PUBLIC DOMAIN · Part D. DISPOSITION OF THE PUBLIC DOMAIN · Ch. 51. LAND, TIMBER, AND SURFACE RESOURCES · Art. I. ACQUISITION OF PUBLIC SCHOOL LAND
Statute text
View on source(a)The board may use funds designated under Section 51.401 for any of the following purposes:
(1)to add to a tract of public school land to form a tract of sufficient size to be manageable;
(2)to add contiguous land to public school land;
(3)to acquire, as public school land, interests in real property for biological, residential, commercial, geological, cultural, or recreational purposes;
(4)to acquire mineral and royalty interests for the use and benefit of the permanent school fund;
(5)to protect, maintain, or enhance the value of public school land and mineral or royalty interests on that land;
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Legislative history
Acts 2005, 79th Leg., Ch. 1098 (H.B. 2217), Sec. 8, eff. June 18, 2005. Acts 2007, 80th Leg., R.S., Ch. 1368 (H.B. 3699), Sec. 5, eff. June 15, 2007. Acts 2019, 86th Leg., R.S., Ch. 493 (H.B. 4388), Sec. 3, eff. September 1, 2019. Acts 2019, 86th Leg., R.S., Ch. 524 (S.B. 608), Sec. 8, eff. September 1, 2019. Acts 2021, 87th Leg., R.S., Ch. 875 (S.B. 1232), Sec. 2.05, eff. December 31, 2022. Acts 2021, 87th Leg., R.S., Ch. 875 (S.B. 1232), Sec. 2.10(3), eff. December 31, 2022. Acts 2021, 87th Leg., R.S., Ch. 915 (H.B. 3607), Sec. 13.001, eff. September 1, 2021.