Sec. 91.405. EXEMPTIONS    


Latest version.
  • This subchapter does not apply to any royalties that are payable to:

    (1) the board of regents of The University of Texas System under a lease of land dedicated to the permanent university fund; or

    (2) the General Land Office as provided by Subchapter D, Chapter 52, of this code.

Added by Acts 1983, 68th Leg., p. 966, ch. 228, Sec. 1, eff. Sept. 1, 1983.