Tex. Prop. Code § 75.001 · Subchapter A. APPLICABILITY
DEFINITIONS; APPLICATION OF CHAPTER.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) In this chapter:
(1) "Mineral" means oil, gas, uranium, sulphur, lignite, coal, and any other substance that is ordinarily and naturally considered a mineral in this state, regardless of the depth at which the oil, gas, uranium, sulphur, lignite, coal, or other substance is found.
(2) "Mineral proceeds" includes:
(A) all obligations to pay resulting from the production and sale of minerals, including net revenue interests, royalties, overriding royalties, production payments, and joint operating agreements; and
(B) all obligations for the acquisition and retention of a mineral lease, including bonuses, delay rentals, shut-in royalties, and minimum royalties.
(3) "Holder" means a person, wherever organized or domiciled, who is:
(A) in possession of property that belongs to another;
(B) a trustee; or
(C) indebted to another on an obligation.
(b) This chapter applies to mineral proceeds and the owner's underlying right to receive those mineral proceeds if:
(1) the owner's underlying right to receive mineral proceeds is related to land located in this state;
(2) the mineral proceeds result from the production of minerals located in this state; or
(3) the mineral proceeds are an obligation for the acquisition or retention of a mineral lease to produce minerals located in this state.
(c) A holder of property presumed abandoned under this chapter is subject to the procedures of Chapter 74.
(d) This chapter supplements other chapters in this title, and each chapter shall be followed to the extent applicable.
Notes and commentary — not statutory text
History
Added by Acts 1985, 69th Leg., ch. 230, Sec. 17, eff. Sept. 1, 1985. Amended by Acts 1987, 70th Leg., ch. 426, Sec. 6, eff. Sept. 1, 1987.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/PR/htm/PR.75.htm
- Text hash
- sha256 1a44b3baebd912f4104bc603f43ba53230a0f86990ed249c75992f856ebb3606
- 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 3 provisions
Provisions in this library whose text cites Tex. Prop. Code § 75.001. Each shows the citation as that text prints it.
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.