Tex. Educ. Code § 109.160 · Subchapter D. MINERAL DEVELOPMENT IN UNIVERSITY LAND
EXPLORATORY TERM OF LEASE; EXTENSION; OTHER PROVISIONS.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) The exploratory term of a lease as determined by the board prior to the promulgation of the advertisement shall not exceed five years, and each lease shall provide that the lease will terminate at the expiration of its exploratory term unless by unanimous vote of the board the lease is extended for a period not to exceed three years.
(b) If oil, gas, sulphur, or other minerals are being produced in paying quantities from the premises, the lease shall continue in force and effect as long as the oil, gas, sulphur, or other minerals are being so produced. No extension may be made by the board until the last 30 days of the original term of the lease.
(c) The lease shall include additional provisions and regulations prescribed by the board to preserve the interest of the state, not inconsistent with the provisions of this subchapter.
Notes and commentary — not statutory text
History
Amended by:
Acts 2015, 84th Leg., R.S., Ch. 1173 (S.B. 907), Sec. 9, eff. June 19, 2015.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/ED/htm/ED.109.htm
- Text hash
- sha256 0c33cbc917cd4200b167a3ad36f3d57a1f355f098d3ef0341ce86d8b591f62b6
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
Cited by 1 provision
Provisions in this library whose text cites Tex. Educ. Code § 109.160. Each shows the citation as that text prints it.
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