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Texas Natural Resources Code

§ 71.006 — RECEIVING BIDS AND AWARDING LEASE

NR § 71.006Title 2. PUBLIC DOMAIN · Part F. LAND OF POLITICAL SUBDIVISIONS · Ch. 71. LEASE FOR MINERAL DEVELOPMENT · Art. A. LEASES BY POLITICAL SUBDIVISIONS

Statute text

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On the date specified in the notice, the governing body of the political subdivision shall receive and consider bids submitted for leasing all or part of the land that was advertised for lease, and the governing body may award the lease to the highest and best bidder who submits a bid.

Legislative history

Acts 1977, 65th Leg., p. 2504, ch. 871, art. I, Sec. 1, eff. Sept. 1, 1977.

Source: Texas Natural Resources Code § 71.006 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.