Tex. Nat. Res. Code § 52.154 · Subchapter E. UNITIZATION OF LEASED AREAS
RATIFICATIONS AND OTHER AGREEMENTS.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) The board may approve, by rule or order, a ratification or other agreement that includes in the benefits of production a mineral or royalty interest in land belonging to the permanent school fund or the asylum funds.
(b) An agreement approved by the board under this section must be executed by the commissioner to be effective.
(c) A ratification or other agreement that commits any of the interests listed in Subsection (a) of this section in land not belonging to the permanent school fund or the asylum funds must be approved by the board, official, agent, agency, or authority of the state that has the authority to lease or to approve the lease of the land for oil and gas and must be executed by the commissioner to be effective.
Notes and commentary — not statutory text
History
Added by Acts 1993, 73rd Leg., ch. 897, Sec. 35, 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 c0e3baf540acc27a4968966c20d8b0a97abaed2fb9d62928ec14f26bc0af6da1
- 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.