Tex. Nat. Res. Code § 52.088 · Subchapter C. DEVELOPMENT OF RIVERBEDS AND CHANNELS
ROYALTY RATE.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
The board shall set the royalty rate on production of oil and gas from riverbeds and channels leased under this subchapter. The royalty rate set must be at least one-eighth of the gross production or the market value of the oil and gas produced.
Notes and commentary — not statutory text
History
Acts 1977, 65th Leg., p. 2452, ch. 871, art. I, Sec. 1, eff. Sept. 1, 1977. Amended by Acts 1993, 73rd Leg., ch. 897, Sec. 29, eff. Sept. 1, 1993.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/NR/htm/NR.52.htm
- Text hash
- sha256 1718d7f9e41d8adf5e86ceb81f90cfc5b1172953613682e74d7cc55e6f1c1c42
- 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
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.