Texas Statutes (Last Updated: January 4, 2014) |
NATURAL RESOURCES CODE |
Title 2. PUBLIC DOMAIN |
Subtitle D. DISPOSITION OF THE PUBLIC DOMAIN |
Chapter 51. LAND, TIMBER, AND SURFACE RESOURCES |
Subchapter C. SALE OF PUBLIC SCHOOL AND ASYLUM LAND |
Sec. 51.077. LIEN
Latest version.
-
To secure the payment of principal and interest due on a sale of public school land and university land the state has an express lien for the use and benefit of the fund to which the land belongs. The lien is in addition to any right and remedy that the state has for enforcement of the payment of principal and interest due and unpaid, up to and including the period required to reinstate the land award and obligation.
Acts 1977, 65th Leg., p. 2424, ch. 871, art. I, Sec. 1, eff. Sept. 1, 1977. Amended by Acts 2003, 78th Leg., ch. 280, Sec. 19, eff. June 18, 2003.