Texas Statutes (Last Updated: January 4, 2014) |
NATURAL RESOURCES CODE |
Title 2. PUBLIC DOMAIN |
Subtitle D. DISPOSITION OF THE PUBLIC DOMAIN |
Chapter 53. MINERALS |
Subchapter E. LEASE OF PUBLIC SCHOOL AND GULF LAND FOR COAL, LIGNITE, SULPHUR, SALT, AND POTASH |
Sec. 53.153. CONDITIONS OF LEASE
Latest version.
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(a) Coal, lignite, sulphur, salt, and potash may be leased together or separately.
(b) A lease granted under this subchapter shall be for a primary term not to exceed 20 years and as long after that time as the minerals are produced in paying quantities.
Added by Acts 1979, 66th Leg., p. 49, ch. 29, Sec. 1, eff. April 3, 1979. Amended by Acts 1993, 73rd Leg., ch. 897, Sec. 62, eff. Sept. 1, 1993.