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Texas Natural Resources Code

§ 53.021 — FORFEITURE OF LEASE

NR § 53.021Title 2. PUBLIC DOMAIN · Part D. DISPOSITION OF THE PUBLIC DOMAIN · Ch. 53. MINERALS · Art. B. PROSPECT AND LEASE ON STATE LAND

Statute text

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(a)A lease is subject to forfeiture by act of the commissioner if:
(1)the lessee fails or refuses to pay any amount which is due either as a lease payment or royalty;
(2)the lessee or his authorized agent knowingly makes any false return or false report concerning the lease;
(3)the lessee or his agent refuses the commissioner or his authorized representative access to the records or other data relating to operations under the lease; or
(4)a material term of the lease is violated.
(b)Any area forfeited under this section is subject to application for a permit under the same terms as the original application.

Legislative history

Acts 1977, 65th Leg., p. 2471, ch. 871, art. I, Sec. 1, eff. Sept. 1, 1977.

Source: Texas Natural Resources Code § 53.021 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.