Texas Statutes (Last Updated: January 4, 2014) |
NATURAL RESOURCES CODE |
Title 2. PUBLIC DOMAIN |
Subtitle C. ADMINISTRATION |
Chapter 32. SCHOOL LAND BOARD |
Subchapter E. CONDITIONS OF LEASES |
Sec. 32.155. RENTAL AND ROYALTY PAYMENTS
Latest version.
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(a) Each lessee or his assigns shall pay annual rentals and royalties as specified by the board.
(b) Subchapter D, Chapter 52 of this code applies to a lease issued under this chapter.
Added by Acts 1985, 69th Leg., ch. 624, Sec. 24, eff. Sept. 1, 1985.